Families across Ireland may face a hike of up to €3,000 in their energy bills if the Government fails to meet certain targets aimed at curtailing climate change.
According to a report published by the Economic and Social Research Institute (ESRI), the current €20 per tonne carbon tax may need to be hiked to €470, if the targets are not met.
If the hike does come to pass, heating bills and motoring costs may rise to prohibitively high levels.
