Finance Act 2010
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Charging and rates of solid fuel carbon tax. |
78.— (1) Subject to the provisions of this Chapter and any regulations made under it, a duty of excise, to be known as solid fuel carbon tax, shall be charged, levied and paid at the rates specified in Schedule 1 on all solid fuel supplied in the State by a supplier. | |
(2) Subsection (1) shall apply to all solid fuel supplied by a supplier, for combustion by such supplier. | ||
(3) The rate per tonne for each solid fuel specified in Schedule 1 is in proportion to the emissions of CO2 from the combustion of the solid fuel concerned and is determined by the formula— | ||
NCV × EF × A | ||
where— | ||
NCV is the net calorific value of the solid fuel concerned expressed in terajoules per tonne, | ||
EF is the carbon emission factor of the solid fuel concerned expressed in tonnes of CO 2 per terajoule, | ||
A is the amount, €15, to be charged per tonne of CO 2 emitted. |