Oireachtas Joint and Select Committees

Thursday, 30 May 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2017
Chapter 22 - Irish Fiscal Advisory Council

9:00 am

Mr. Derek Moran:

We are concentrating our work on the bits to which we can contribute. I have already referred to it. Pricing is a profoundly difficult issue - using the pricing of carbon through tax to create a set of incentives that encourage people to use less carbon-intensive fuels. This in itself generates the revenues that allow us to do many other things referred to by Deputy Murphy. It involves getting the balance of that right. This is why we have a public consultation out. There was a recommendation to the committee that we do so and we have done so. We will move from there.

We also got the ESRI to do some more medium-term research for us. Does Mr. John McCarthy want to give a sense of it?

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