Ireland Cuts Carbon Tax on Home Heating Oil and Gas to €48.50 per Tonne, Freezes Future Increases
rte.ieIreland's Budget 2027 reduces the carbon tax on kerosene and natural gas for home heating from €63.50 to €48.50 per tonne of CO2. Finance Minister Simon Harris also said the rate will not rise again during this government's term, reversing the scheduled increase to €78.50 by May 2027. The decision responds to high heating costs linked to the Middle East conflict. The cut weakens the price signal meant to move households off fossil heating. The article does not say whether the government will offset the lost revenue or adjust rebate programs. For anyone tracking carbon pricing in Europe, this is a notable step back from the original trajectory.