Oireachtas Joint and Select Committees

Wednesday, 25 June 2025

Joint Oireachtas Committee on Enterprise, Tourism and Employment

General Scheme of the Industrial Development (Miscellaneous Provisions) Bill 2025: Discussion

2:00 am

Mr. John Hughes:

My colleagues might like to comment on this but generally, the conditionality is usually attached. If, theoretically, there was an unsustainability on the environmental front, a certain percentage reduction would be achieved by a given date which could be the end of the second quarter of 2026. This would be the equivalent of the employment targets set year-on-year for companies when they commit to coming to Ireland and creating 500 jobs over three years. There would be milestones along the way where they are assessed. Only when the milestones are achieved can the grant be released. It would be a similar pathway which would operate for these grants. My colleagues might want to add to this but that would be the framework.

Comments

No comments

Log in or join to post a public comment.