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:
The market for sovereign exchanges failed. There were not enough transactions in the market, it was too volatile and not enough countries participated. There is a market for carbon credits for utility companies, which is an active market that trades, but it is not available for sovereign countries to offset their carbon emissions in. The European Union changed its rules.
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