Failure to deliver in a timely fashion what are regarded as the right measures and strong policies on climate action across almost every sector of the economy must be a wake-up call for the Government. The latest EPA carbon emissions projections out to 2030 show that Ireland is likely to achieve just 29 per cent of a reduction compared to 51 per cent required under legally-binding carbon budgets up to the end of the decade. This is a best case scenario and assumes a wide range of new actions are fully implemented with resourcing and legislative backing.
Ireland is, in effect, stalled on the road to lower emissions. The EPA analysis indicates little if any progress over the past year. Decarbonisation needs to exceed 12 per cent annually; last year it is estimated to be less than 5 per cent with the only advances being use of renewables in power generation and retrofitting buildings.
Compounding matters is the requirement to carry over cuts not achieved in the 2021-2025 period into the 2026-2030 carbon budget, which severely limits options for the next government, not to mention the risk of stunting economic activity and heightening the prospect of multibillion compliance costs and fines under EU obligations. Minister for Climate and Energy Eamon Ryan brought three memos to Cabinet this week, starting with a shocking outline of the latest scientific evidence at global level, and detailing likely consequences for Ireland if a range of climate tipping points are reached. A revise.
