Oireachtas Joint and Select Committees

Tuesday, 11 January 2022

Joint Oireachtas Committee on Climate Action

Carbon Budgets: Discussion

Photo of Darren O'RourkeDarren O'Rourke (Meath East, Sinn Fein) | Oireachtas source

I have a question on the assessment of the investment required for transition. I am looking at the technical report. How was that assessed? Table 3.4 has reference to taking €5 billion as the average per annum upfront investment required. Where does that €5 billion come from? On my read of the 51% reduction, it looks more like €10 billion. I seek information on that as to whether I am reading it the wrong way round.

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