Michelle Mulherin (Fine Gael) | Oireachtas source

I thank all the witnesses for their opening statements.

I might kick things off myself with a few questions. Mr. Wheeler talked about the emissions trading system. I would like to understand the impact in reality of the UK falling outside the emissions trading system. Does that mean Irish companies will not be able to trade with UK companies for a period of two years? What does it actually mean? Mr. Wheeler mentioned that the UK Government will hope to have a replacement scheme but what is going to happen in the two years and how will it impact on the Government's action plan towards achieving our carbon neutrality?

In response to the last speaker from Gas Networks Ireland, I was just wondering about the interaction with liquid natural gas and its importation as opposed to what just comes through the pipelines. How does that form part of the 50% of electricity generated from natural gas? My other general question is what the witnesses think the impact of Brexit will be on the price of energy for business and domestic consumers. Also looking at the period in the interim, if we have a no-deal Brexit, what will that mean in terms of prices? In the period from now to when the Celtic interconnector is operational, what will the landscape look like as regards price for consumers and business?