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 Jennifer WhitmoreJennifer Whitmore (Wicklow, Social Democrats) | Oireachtas source

I fully support this amendment as well. It is an issue I raised in the Dáil with the Minister of State. The timeframe is way too short and is not going to capture comprehensively the absolutely obscene profits made during that period. I note the Minister of State has said he received legal advice prior to December 2022, on extending that period. The legal advice specified that it was an issue of retrospectively applying a measure like this. Did he also seek legal advice about extending it beyond June 2023? Obviously, those concerns about retrospective issues would not apply going forward.

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