Oireachtas Joint and Select Committees

Wednesday, 5 July 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Scrutiny of EU Legislative Proposals - Net Zero Industry Act

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

There is one other question on which I wanted to get the witnesses' opinions. It concerns the issue of funding and research and development in particular. Can the move towards net zero be achieved through additional funding for existing streams or is there a need for bespoke funding streams, grants, and tax incentives? On this point, will our guests also address problems with the current research and development tax credit and how it can be improved for businesses regardless of size?

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