Oireachtas Joint and Select Committees

Wednesday, 21 November 2018

Joint Oireachtas Committee on Climate Action

Third Report of the Citizens' Assembly: Discussion (Resumed)

2:00 pm

Professor Sonia Seneviratne:

I would like to make a few points. I want to go back to the question of renewable energy. We have not discussed it much today. Obviously, agriculture is a big issue in Ireland. A big element of the 1.5° Celsius scenario is the electrification of energy use. Moreover, electricity production should be carbon-neutral. That is an essential element. As has been said, there is a lot of potential for development in that regard. It is also an area we pursue quite a bit in Switzerland. The use of solar panels may be a possibility, but I do not know if there is enough sunshine in Ireland. Germany produces a lot of solar energy. It is a good example of a country that produces quite a lot of energy from renewable resources.

There is a point we did not discuss at all. I know that it is relevant in Switzerland, but I do not know if it is relevant in Ireland. I refer to finance. Investment is a big issue, that is, whether there is investment in fossil fuel companies. As Professor Masson-Delmotte said, at some point there might be stranded assets. There are also systemic issues. A whole economy is dependent on CO2. The whole system must be changed. In Switzerland there is a lot of thought about this aspect.