Oireachtas Joint and Select Committees

Wednesday, 9 October 2019

Joint Oireachtas Committee on Climate Action

Hydraulic Fracturing Exploration: Discussion

Mr. John McElligott:

That is interesting because the High Court referred the current exempted planning to the European Court of Justice on certain issues. There is also a threat from Friends of the Irish Environment that if the Minister approves the strategic assessment without public consultation, they will go to court within three months.

The energy charter refers to stranded assets. If a company puts a floating storage re-gasification unit on the estuary it has an expectation of making money for the next 50 years. If we walk away leaving the asset stranded, the company will come after us for a loss of money. Should there not be a money message on the whole plan?

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