Oireachtas Joint and Select Committees

Thursday, 23 September 2021

Committee on Budgetary Oversight

Pre-Budget 2022 Scrutiny (Resumed): Minister for Finance

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I will certainly see if that is possible. We do not normally break down the drawdown of capital allowances into what those capital allowances are used for and, therefore, it may not be possible on taxpayer confidentiality grounds to provide the information the Deputy is looking for, but I will certainly ask.

The point I would make around data centres is that the reason the Government has been supportive of their development is that they are part of the broader reason international investment is resident within our country. Of course, we are well aware of the impact it has on energy supply. We know we will have to invest in that energy supply and ensure we get the balance right between being able to support data centres and, of course, meeting the energy needs of our country. We are well aware of the balance that needs to be achieved but the reason we have been supportive of these data centres up to this point is that they provide part of the proposition for jobs and investment in our country.

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