Gript reports on an exchange between Ben Scallan and Darragh O'Brien about Ireland's carbon tax. Scallan asks whether it was a mistake to introduce automatic annual increases only for the Government to reverse or modify them later when a crisis hit. The piece highlights how hard it is to keep carbon prices rising once households and businesses feel the cost. Carbon pricing works best when the trajectory is predictable, but that predictability depends on political staying power. Ireland's back and forth shows why carbon tax design has to account for public pushback, not just the ideal marginal price. Anyone tracking carbon markets or emissions policy should read the exchange for what it says about credibility and reversals.
