Mr. Seamus Coffey:

I think our position has not changed. This has been a significant risk. We have sought not to promote or propose various areas where spending should be prioritised but to try to identify risks within the public finances. Just as we identified corporation tax as being a potential source of risk, when it comes to expenditure we clearly identify climate change and renewable energy targets as clear risks. We placed them second in our matrix of fiscal risks about half-way through the latest fiscal assessment report. It is still there, we have identified it and it clearly poses a risk. We have not done any further work since we were last here but we will not remove it from our risks to the fiscal situation in the medium term. It is clear that it is important.