Di Cosmo, Valeria; Hyland, Marie - 2011
estimated price and income elasticities we forecast Irish sectoral energy demand out to 2025. The share of electricity in the … tax will rise from €21.50 per tonne CO2 in 2012 (the first year forecasted) to €41 in 2025. Results show that under this … scenario total emissions would be reduced by approximately 861,000 tonnes of CO2 in 2025 relative to a zero carbon tax scenario …