Carbon levy will pay for house insulations

Monday, December 14th, 2009

Environment Minister John Gormley has confirmed that a significant percentage of the €250 million that will be raised through the new carbon levy will be spent on insulating old homes.

Minister Gormley unveiled his Carbon Budget on Thursday and said new he intends to bring in new legislation that will commit Ireland to an 80 per cent reduction in greenhouse gases by the year 2050.

The Minister also revealed that a big chunk of the €250 million, which will be raised from the carbon levy next year will go to fund insulation schemes in old houses.

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This entry was posted on Monday, December 14th, 2009 at 12:34 pm and is filed under General, Irish News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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