Aindrias Moynihan (Cork North West, Fianna Fail) | Oireachtas source

I thank Dr. Kavanagh and Professor Whelan for their presentations. I was interested in the conversation and learned a great deal from it. Professor Whelan expressed the view that inflation is largely externally driven. There was another conversation earlier about the carbon tax. What proportion is external and what proportion is internal? Would it be a 60:40 split or is the split closer to 80:20? What level of influence do domestic factors such as the carbon tax, the stay and spend scheme and the capital programme have? We are seeing an ambitious capital programme which will be far bigger than any carbon tax or stay and spend scheme.