Oireachtas Joint and Select Committees

Wednesday, 5 December 2018

Joint Oireachtas Committee on Climate Action

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

2:00 pm

Photo of Richard BrutonRichard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source

This is a very rapid payback. Funding of lighting would not be at the challenging end of funding. Obviously, the Department and the local authorities must come up with how they fund it. This was priming the pump to get something done to make an impact on climate change. As it is well developed, they will be borrowing for it, which is natural enough. It is the type of area where one can borrow to deliver because it has a rapid payback. The more challenging areas in funding will be the ones that have a slower payback. It had the lowest proportionate grant because it was largely self-funding, as well as the fact that it was in the ETS sector, and we are really seeking change in the non-ETS sector. Six of the seven projects were in the non-ETS sector, such as transport and so forth.

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