Green Paper on Sustainable Energy
Published by the Department of Public Enterprise, the Green Paper on Sustainable Energy proposed the introduction of a carbon or energy tax scheme along with a tradable permit system to encourage industrial emissions reduction. Among other propositions, the paper sets forth a system to use revenue generated from a carbon tax or permit scheme to fund grants for energy audits and investments in energy equipment. Implementation of the Green Paper included launch of a €21.1 million R&D programme for energy efficiency and a €12.7 million Public Sector Design Programme.
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