Dr. Conor O'Toole:

It is tricky to put a specific number on it. When we think about the savings capacity of the economy through those windfall taxes, to pass through to the specific investment funds, what are we trying to do there? We are trying to build up these long-term assets we will have, to be able to deploy for the predictable challenges, like population ageing, which we know are coming down the line, and shock absorption capacity, but also for investment in the climate transition and infrastructure deficits. Our sense of this would be that we should be putting as much of these windfall taxes as is possible into those longer term funds.