Oireachtas Joint and Select Committees

Wednesday, 8 November 2023

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance (No. 2) Bill 2023: Committee Stage (Resumed)

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I understand that the other amendments in this group are not being moved. Is that correct? It is just amendment No. 27 in the name of Deputy Pearse Doherty. While I acknowledge that carbon tax has an impact on the price of certain products, it is important to point to hypothecation. On budget day, the Department of Public Expenditure, National Development Plan Delivery and Reform set out a comprehensive paper highlighting, for example, how €788 million is allocated for climate action measures in the budget. This is revenue we need for agri-environmental measures, retrofitting and in terms of fuel poverty. I am not in a position to accept the amendment.

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