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Irish Mirror
Irish Mirror
National
Louise Burne

Varadkar says it's 'too soon to say' if energy firm tax will be used for more cost of living help for citizens

Tánaiste Leo Varadkar has said that it is “too soon to make a call” on whether money earned from the windfall tax on energy will be used to provide more cost of living payments.

Climate Minister Eamon Ryan announced on Tuesday that Cabinet had agreed to place a cap on all market revenues of non-gas electricity generators.

A solidarity contribution will also be taken from companies active in fossil fuel production who are making excess profits.

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