Mr. Denis O'Sullivan:

I wanted to touch on carbon capture and storage. There are several successful carbon capture and storage plants operating in Canada and the US. One plant in Canada is producing 115 MW of electricity and they are capturing roughly 92% of the carbon coming off the plant. Ireland has a unique opportunity, in that we have a lot of the infrastructure in place already in Cork with a gas field that is coming out of service. It is a low-pressure gas field, which is a distinct advantage in terms of the cost of storing the carbon.

More generally, as Mr. Quinn observed, there is no scenario where gas is not involved in power generation for the foreseeable future, until 2050 and perhaps beyond that. That being the case, we should use the opportunities there to capture the carbon from the natural gas while it is there and being used. The potential for carbon reduction or carbon emissions during that period is very significant. We have that opportunity to capture the carbon and store it back into the gas fields from which it originated.