Charlie McConalogue (Donegal, Fianna Fail) | Oireachtas source

We have profiled €200 million in the budget next year for ACRES.

This means that this year we are reprofiling it into other things, because we have to spend it in the current year's budget. Obviously, we have to manage the ACRES budget from year to year in terms of the amount that is being paid out, etc.

Regarding the carbon tax measures and the just transition fund, €13.5 million had been allocated to that. We are now bringing that down to €6.5 million. First there was €10 million, which had been provided by the Department of energy and communications for the bioeconomy demonstration initiative in this year's budget. That was subsequently transferred to my Department. This allocation was in line with the overall budget for the bioeconomy demonstration initiative. It was not in line with our stated expected spending plan, so we need to adjust for that.