Oireachtas Joint and Select Committees
Tuesday, 9 July 2024
Joint Oireachtas Committee on Climate Action
Circular Economy as it relates to the Waste Sector: Discussion.
11:00 am
Mr. Adrian Kane:
Bord na Móna has confirmed that it is conducting a strategic review of Bord na Móna Recycling. We believe that the withdrawal of Bord na Móna from the domestic waste market would be a strategic mistake for the State. The domestic waste collection market is a natural monopoly. It is clear that the exit of a major commercial State company will result in further consolidation within the industry. We believe this trajectory of consolidation is likely to increase and that this should stop. It will have a hugely negative on terms and conditions within the industry but also with regard to consolidation within the industry. I thank the Chair.
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