Below outlines the Taxation policy related to climate change.....
Vehicle Registration Tax
The rebalancing of Motor Tax together with the initiative on Vehicle Registration Tax brings a strong emissions focus to the tax regimes for new vehicles registered since 1 July 2008. These changes were accompanied by a new labelling requirement for cars that help ensure the consumer is fully informed about the environmental and cost implications of choosing a particular car. www.revenue.ie/en/tax/vrt/leaflets/vrt1.htm
The Accelerated Capital Allowance
The Accelerated Capital Allowance (ACA) is a tax incentive for companies in Ireland to purchase energy efficient equipment. It allows companies to write off 100% of the purchase value of specified energy efficient equipment in the year of purchase. www.sei.ie/aca
Carbon Tax Proposal
The establishment of the Commission on Taxation with a remit to prepare proposals for the introduction of a carbon tax which is due to issue a report by September 2009.