Oireachtas Joint and Select Committees

Wednesday, 24 May 2023

Committee on Budgetary Oversight

Sovereign Wealth Funds: Discussion

Mr. Nick Ashmore:

That is a separate question. A road project like that is going to be Government expenditure. It is not expecting a return. If we were to come along and fund that road, we would want to put a toll booth on it and we would want to charge people to drive up and down it. We have a fair number of public private partnership, PPP, roads in the motorway system. There is not a huge appetite to do more. A lot of factors go into those policy decisions. What is interesting around the regions though, and we are seeing this in food and agriculture, is that there is a whole new segment going to emerge around anaerobic digestion, the production of biogas and biomethane and we are looking at opportunities in the north west in that respect at the moment. We think that is going to be all over the country. There are sources of biomass in all the different regions and there are areas of the economy that we cannot decarbonise without the use of biogas.

Comments

No comments

Log in or join to post a public comment.