Oireachtas Joint and Select Committees

Tuesday, 18 February 2014

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

Electricity Generation and Export: Discussion

3:55 pm

Mr. Gabriel D'Arcy:

I am not denying that.

Senator Landy also mentioned the use of taxpayers' money, although I am not sure in what context. Technically, Bord na Móna is an unlisted PLC in which the State has a majority shareholding. We generate our own incomes and profits and do not draw any funding from the State. All of the investments are done on the back of the Bord na Móna balance sheet. None of it comes from taxpayers.