Cost of climate action

News Snapshot:

REDUCED TAX REVENUE on fossil fuels in years to come as society shifts to clean sources of energy means the government needs to start planning now for the future, a financial expert and climate expert both agree. A new report published today by the Irish Fiscal Advisory Council (IFAC) looks at what climate change means for Ireland’s public finances. Leading climate scientists have warned that the impacts of climate change are already causing severe and widespread disruption to people’s lives in multiple ways across various regions of the world. Ireland’s overarching climate targets are to reduce greenhouse gas emissions by...