Fossil fuel subsidies worth €2 billion must be phased out – Environmental Pillar

Fossil fuel subsidies worth €2 billion must be phased out - Environmental Pillar

Ending subsides ‘could reduce economy-wide emissions by 20 per cent by 2030’

The group also called for a levy on aggregates used in the construction industry such as gravel and stone. Photograph: iStock

The Government must set out a plan in the forthcoming Budget for the removal of over €2 billion in fossil fuels subsidies a year; the vast majority of which are indirect supports to industry, according to the Environmental Pillar (EP).The body, which represents all major environmental groups in the country, said the move is one of a number of critical measures needed to address Ireland’s worsening […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.