Oireachtas Joint and Select Committees
Wednesday, 16 November 2022
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Business of Select Committee
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
Of course but the Minister made a point on the proposal we put forward which factored in a 50% increase in energy costs in December right through to the end of March, which we did not expect either but we factored in as a buffer. The Minister says the design feature in his scheme is that the cap exists but the cap only gives you certainty that it will not go over €30 billion or somewhere in that region, which is 25 times what the Department is estimating. The cap does not give you that real certainty.
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