Oireachtas Joint and Select Committees

Wednesday, 8 March 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

White Paper on Enterprise Policy: Department of Enterprise, Trade and Employment

Mr. David Hegarty:

On the Senator's questions and comments on climate action targets, we have two targets in the White Paper. These are, in some senses, legal targets. Under the climate action Bill we, and the Minister, have responsibility for a carbon emissions ceiling for the enterprise sector. We have to reduce emissions in the enterprise sector, which is essentially the manufacturing sector, by 35% between now and 2030. We have responsibility for commercial buildings; emissions there have to be reduced by 45% between now and 2030. Those targets are replicated in the White Paper but they are targets under the climate Bill. Decarbonisation is our number one priority in the White Paper. Enterprise policy has to work within the context of having to reduce emissions, by more than one third in the case of the manufacturing sector, over the next number of years. We have to do a range of things to achieve that, which are set out in the White Paper.

I do not agree that multinational corporations, MNCs, are fickle.

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