Brian Keegan: Climate plan comes with a heavy cost

One of the Red Rebels taking part in the Climate Change Protest in Limerick. Picture: Brendan Gleeson

This weekend, the headlines about the Government’s climate action plan screamed at the total cost estimated at €125bn.

That is a big sum of money, amounting to about twice the total tax collected in a year. Admittedly, the cost is to be spread out over a decade, but finance at that scale is a very big ask for a country with a high debt burden, and still dealing with annual government overspending as a consequence of the pandemic.