Oireachtas Joint and Select Committees

Tuesday, 9 July 2019

Joint Oireachtas Committee on Agriculture, Food and the Marine

Forestry Sector and Climate Action Plan: Discussion

Photo of Andrew DoyleAndrew Doyle (Wicklow, Fine Gael) | Oireachtas source

The person will have received a grant of 100% to establish forestry and 15 years' premium, with tax-free income on that and a tax-free sale of the product thereafter. As I said, I firmly believe that forestry will have a role to play under the new proposals in the Common Agricultural Policy and its environmental asks. People will be rewarded, whether through payments for carbon or the environmental good they are doing. However, having ownership and participating in a trading system is a whole different ball game. If the Deputy is suggesting that the farmers should be trading in credits in a fluctuating market or a market that is not there at the moment-----

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