Oireachtas Joint and Select Committees
Tuesday, 5 November 2019
Public Accounts Committee
2018 Annual Report of the Accounts of the Public Services
Chapter 9 - Greenhouse Gas-Related Financial Transactions: Discussion
8:50 pm
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
I do not have a figure for what the increase in the budget is expected to be next year. Is it €100 million? I am not sure what the figure is. If the figure for income forgone is €4.1 billion per annum for subsidies that are damaging to the environment, the little extra collected is trivial. It only amounts to crumbs relative to the big picture, hence the earlier comments about taxation. It is only a small part. What was provided for in the budget was only a drop in the ocean relative to the figure of €4 billion. Mr. Morrin is nodding. Am I understanding it properly?
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