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Ireland Faces Potential €20 Billion Cost for Carbon Emission Non-Compliance by 2030

The Irish Fiscal Advisory Council warns that Ireland could incur costs as high as €20 billion if it fails to meet carbon emission reduction goals by 2030. This figure significantly exceeds previous estimates and highlights concerns over the current government’s spending measures and its dependence on corporation tax. The Council emphasizes the need for the upcoming government to establish sustainable spending rules and comprehensively review health expenditures to address economic challenges and avoid future job losses.

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