Oireachtas Joint and Select Committees
Tuesday, 11 January 2022
Joint Oireachtas Committee on Climate Action
Carbon Budgets: Discussion
Dr. Kevin Hanrahan:
We have figures for the value of the output foregone. Lower levels of output and outward expenditure are also involved. That is partially offsetting. We also have projections for the loss of value added or what is known, in the jargon, as operating surplus, which is the contribution of the sector to GDP. The figures on that are all there, as are figures for the tonnes of milk and beef. We have also done analysis on the impact of the output value changes on downstream activities in the wider economy, particularly looking at employment in the food industry, which is driven by the number of units and the volume changes that are going through the factories. We have done all that and that is included in the papers that are available on the council's website.
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