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

Photo of Ossian SmythOssian Smyth (Dún Laoghaire, Green Party) | Oireachtas source

Price is a factor. However, it is not the only factor. Predictability of investment is a factor and Ireland, if we are not good at anything else, is certainly good at attracting foreign direct investment. We have extensive experience in that area. We also managed, at the same time as attracting foreign direct investment, to recoup large sums of money from those who have invested here and we will continue to do that.

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