Oireachtas Joint and Select Committees
Thursday, 9 November 2017
Public Accounts Committee
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
9:00 am
Mr. Mark Griffin:
It is related to the energy efficiency fund. Of the surplus revenues that were in the carbon levy fund before it was closed, €35 million went into the energy efficiency fund and €9 million went to the OPW to fund the optimising power at work scheme. The energy efficiency fund is an investment fund that is jointly funded by €35 million from the carbon levy fund and also through private sector investment. The idea is to try to mobilise a series of investments in energy efficiency in private sector companies.
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