Oireachtas Joint and Select Committees

Thursday, 21 November 2019

Public Accounts Committee

2018 Annual Report of the Accounts of the Public Services
Chapter 9 - Greenhouse Gas-Related Financial Transactions: Discussion (Resumed)

9:00 am

Mr. Brian Carroll:

If I could comment on that, the climate action plan envisages bringing forward new climate legislation to provide for carbon budgets on a sectoral basis. The first carbon budgets are to be in place from 2021 to 2025, 2026 to 2030 and 2031 to 2035. There will be a role for the Climate Change Advisory Council on advising Government on an economy-wide basis what those five-year carbon budgets should be. It will then be the responsibility of the Minister to recommend to Government and the Oireachtas the acceptance of those budgets and the division of them on a sectoral basis. They will provide annual ceilings that sectors will have to remain under in order to meet the climate obligations.

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