Oireachtas Joint and Select Committees

Tuesday, 8 March 2022

Joint Oireachtas Committee on Climate Action

Energy - Ambition and Challenges: Discussion (Resumed)

Photo of Lynn BoylanLynn Boylan (Sinn Fein) | Oireachtas source

My questions are for the Department of Finance. I will pick up on the concerns the Chair raised on the EU taxonomy. What sort of risk analysis has been done on the provisions of the Energy Charter Treaty to which Ireland is a signatory? The Department of Finance officials said it was an evolving process and gas may change over time but once an investor comes and is set up, the investor will be protected for the duration of the investment. Has a risk analysis been done by the Department on the impact of the Energy Charter Treaty and investments that may come into the country on the back of the EU taxonomy?

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