Ireland ‘wildly unlikely’ to meet 7% carbon reduction goal – McCarthy

This imposes a differential adjustment obligation, since non-ETS targets must be attained entirely through national policy measures. Ireland’s targets are affected greatly by the measurement system, which counts emissions from agriculture on a production basis.

Any policy to restrict herd numbers in countries such as Ireland where output has risen significantly amounts to a reversal of milk quota abolition, he suggests “leading to a re-allocation back to the less efficient producers, for example a decline in Ireland encouraging increased output inConsumer taxes on products would reinforce the trend towards an efficient geographical distribution of European production, an objective of EU Common Agricultural Policy reforms, he notes.

It is not explained in the CAP why such a large proportion of Europe’s demand for data management has chosen Ireland, he says. “In the ordinary course of events it would be expected that northern European countries would enjoy a large share of data centre provision, since temperature control is more readily facilitated.

If petrol and diesel faced carbon charges at the €100 per tonne level adding about 15 cent to the retail price per litre, annual revenue would increase by up to €800 million. “If €100 per tonne is the ‘correct’ price for carbon, there is under-recovery of up to €800 million per annum,” he observes.McCarthy comes down in favour of a combination of electronic road charges and congestion charges in urban area to replace fossil fuel taxes that are set to decline.

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