Mr. Derek Moran:

I think we have gone through the promissory note matter in a bit of detail. The accelerated programme of selling over the minimum has been to avail of very positive interest rate environment which probably makes it sensible to do that.

On borrowing to invest, essentially any borrowing we do at the moment is for investment purposes. The current account is in balance or in surplus and any borrowing we do is on the investment side only. We are not borrowing for day-to-day spending. On climate mitigation, Deputy Murphy is absolutely right. We face a challenge in 2021 and beyond of fines and not meeting the targets, and we are on the wrong trajectory.