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flag Ireland faces a potential €26 billion penalty for missing EU climate targets by 2030.

flag Ireland may incur a €26 billion penalty for failing to meet EU climate targets by 2030, according to reports by the Irish Fiscal Advisory Council and Climate Change Advisory Council. flag The country could reduce this cost to between €3 billion and €12 billion by investing in the national energy grid, electric vehicles, and forestry. flag If actions are not taken, taxpayers will likely bear the financial burden of non-compliance.

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