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

We do not have any such mechanisms to hand or that have been considered. We would have to almost re-establish it in legislation, which I would prefer not to do, as it would open up a whole new market. Just to exclude it is not in the current proposals or approach.

With regard to the two aspects of this and the potential use of carbon capture and storage, CCS, I will be up-front and open to say that if CCS becomes a viable technology, we should consider it for industrial production, the storage of carbon or power generation. It is less likely, however, because the economics of other alternatives are advancing quicker. We should not exclude it, however.