Ms Bridget Murphy:

To fill in one point in the context of what Mr. Loftus said, the carbon navigator looks at one's footprint but does not actually look at what one's farm sequesters or sinks. That component is missing. It is especially critical for our sector, which is providing a massive sink through peat soils and some other measures.

Should Food Wise 2025 be reviewed? We would say yes. We would want to look at an industrial-led model of continued growth. We are talking about €19 billion by 2025. When we get to 2025, are we going to flatline that growth and maintain it or set another, much higher target and keep moving along on a growth model when we know at this stage it is causing many problems? I can understand the contention that there is resistance due to sunken costs, but perhaps in some senses it is time to look at repositioning the plug sooner rather than later rather than allowing people to get in way too deep. We saw this happen in Paraguay, where farmers were all encouraged to expand and then the price of milk dropped and the loans were called in and every single farmer lost his or her farm. We really would not want to see this, especially for the young farmers who have been encouraged to expand into dairying. Yes, it is critical we look at Food Wise 2025 and perhaps change the metric from €19 billion to a different set of metrics that looks at whether we are feeding people in a good, healthy way and keeping a stable economy and environment.