Oireachtas Joint and Select Committees

Thursday, 9 November 2023

Public Accounts Committee

Appropriation Accounts 2022
Vote 29 - Environment, Climate and Communications
Financial Statements 2022: Sustainability Energy Authority of Ireland
2022 Report of the Comptroller and Auditor General
Chapter 8: Performance of Certain Residential Retrofit Schemes

9:30 am

Mr. Ken Cleary:

Absolutely. I can give a range of figures that we calculated and published. We suggest that with regard to the effort sharing regulation, which is the emissions portion of our 2030 target that applies to the non-emissions trading system, non-ETS, sector, the compliance costs, should we fail to reach our targets, are in the range of €3.5 billion to €8.1 billion over the decade. That requires caveats because there are many unknowns in this question.

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