Oireachtas Joint and Select Committees

Wednesday, 15 October 2025

Joint Oireachtas Committee on Climate, Environment and Energy

Climate Change Targets 2026-2030: Discussion (Resumed)

2:00 am

Mr. Conor Minogue:

Yes, we published a paper on a specific proposal of a contract for difference-type model. We use the phrase "climate action contracts", which would basically bridge the gap between a fossil price and the renewable alternative. It would be an operational support for 12 to 15 years. We published that paper last July and we still think there is huge potential for that. In the clean industrial deal I mentioned, this is one of the recommended ways for states to mobilise that level of decarbonisation.

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