Oireachtas Joint and Select Committees

Wednesday, 23 October 2019

Joint Oireachtas Committee on Climate Action

Peatlands Restoration and Rehabilitation: Discussion

Photo of Eamon RyanEamon Ryan (Dublin Bay South, Green Party) | Oireachtas source

Again, Dr. Renou-Wilson has international science on this. If were able to save 5 million of the remaining 6 million tonnes, as a certain amount is very difficult, that would be a total of 10 million tonnes a year. I assume that the price of carbon will be approximately €80 per tonne by 2030. That is what we will have as a carbon price in Ireland. Who knows what the international carbon markets will set it at, but it would not be an excessive figure. Under LULUCF rules, could that 10 million tonne saving be accredited to us within our own international accounting provisions as to how we meet our Paris climate obligations?

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