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Joint Oireachtas Committee on Communications, Climate Action and Environment: Financial Implications of the Petroleum and Other Minerals (Amendment) (Climate Emergency Measures) Bill 2018: Discussion (11 Jun 2019)

James Lawless: ...risks. In the absence of Irish offshore resources we will suddenly be dependent on the goodwill of President Vladimir Putin or Arab sheikhs. That is a strong argument, but there is no State exploration company. Ireland Inc. is not drilling or exploring for oil in the Porcupine Basin. To my knowledge, there is no State exploration vehicle. Firms such as Exxon and Chinese exploration...

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