Oireachtas Joint and Select Committees

Thursday, 4 July 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018

9:00 am

Mr. Conor O'Kelly:

Correct. The bilateral negotiations for 2030 will probably not happen until 2027 or 2028 so there will be no forward purchasing of carbon credits in lieu of possible future obligations. That whole business has kind of ended. I anticipate that the carbon fund will not exist in three or four years time.

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