Oireachtas Joint and Select Committees
Thursday, 5 October 2023
Select Committee on Communications, Climate Action and Environment
Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Bill 2023: Committee Stage
Jennifer Whitmore (Wicklow, Social Democrats) | Oireachtas source
I absolutely support this and think it is a very simple measure that could be brought in. Indeed, it is one of the very few measures on which we can make amendments, so it would be a precedent if the Minister of State took it on board.
One of the issues I raised during the debate was the need for transparency on the profits that were being made by different entities, and something like that could be incorporated into this reporting. At the time of the debate in the Dáil, the Minister indicated that, or looked like, he was interested in that particular concept and perhaps might be open to amending the Bill to reflect that but, clearly, that has not happened, which is disappointing. People need to know how much these entities are making and it needs to be a very public and transparent process. I support Deputy O'Rourke's amendment in this regard.
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