Oireachtas Joint and Select Committees

Tuesday, 11 June 2019

Joint Oireachtas Committee on Communications, Climate Action and Environment

Financial Implications of the Petroleum and Other Minerals (Amendment) (Climate Emergency Measures) Bill 2018: Discussion

Photo of Seán CanneySeán Canney (Galway East, Independent) | Oireachtas source

We have to consider how it would be if the Bill as it stands was to be enacted. What are we doing with the carbon emissions targets that we need to set? What would the Bill do in that regard? Europe, including Norway, accounts for 1% of our oil reserves and 3% of natural gas. The Middle East and Russia hold over 70% of proven gas reserves. Where would we be if there was to be a crisis? With Brexit and all that goes with it, for gas we are relying on a pipe running through the United Kingdom. As well as this, we have to ask what we want to achieve. The debate is about achieving our targets for 2030 and 2050 in a way that is managed and fair and in order that there will be a transition. We look at the matter holistically to see how we can achieve this, protect jobs and our supplies. We talk about energy. Transport, electric cars and all such infrastructures will have to be part of the transition. We cannot rely totally on wind energy or energy from the sun. We have to have backups. One is to plant a massive number of batteries for the purposes of storage across the country. We have to face up to what that would be like. We have to make sure that whatever we do, it is managed and progressive and will achieve the targets set in a strategic way. We should not make this country any poorer or its people any weaker or poorer in the next 20 to 50 years.

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