Ireland will need to reduce transport energy demand and buy carbon emission reduction credits internationally if it is to meet its Kyoto protocol greenhouse gas reduction goals, the International energy agency (IEA) says in a review of Irish energy policy published on Tuesday.
The report said Ireland's average annual shortfall from its Kyoto target would be 7.2m tonnes of carbon dioxide. The government must send fuel price signals to consumers, possibly by increasing the "comparatively low" fuel tax, it says.
A previous review highlighted Ireland's need to buy carbon credits (EED 03/07/03 http://endseuropedaily.com/14765) and the concept now
dominates Ireland's climate strategy. Energy minister Eamon Ryan said energy sustainability was a "critical policy aim".
Follow-up: See IEA press release
and Irish reaction