Oireachtas Joint and Select Committees

Wednesday, 25 June 2025

Committee on Climate, Environment and Energy

Carbon Budget: Climate Change Advisory Council

2:00 am

Mr. George Hussey:

To add a little bit of nuance to Ms Donnelly's response on the previous question, once the emissions accounting has been carried out for 2025, which will happen sometime in 2027, it is possible some of the payments might arise after that date. One thing that is already arising on an annual basis is the emissions trading system, ETS, flexibility that Ireland is availing of whereby we, essentially, hand back the right to auction some ETS units, which would otherwise generate revenue for the State. That is an ongoing thing every year. I wanted to clarify that.

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