Oireachtas Joint and Select Committees
Tuesday, 1 April 2014
Joint Oireachtas Committee on Environment, Culture and the Gaeltacht
Electricity Generation: Minister for Communications, Energy and Natural Resources
4:05 pm
Pat Rabbitte (Dublin South West, Labour)
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The benefits to the Exchequer are significant, subject to agreement with the other partner. In fairness to Minister Ed Davey, he made the point when we signed the memorandum of understanding, that he was an enthusiastic supporter and I believe he is one, as am I. However, he said it was subject to the figures adding up, meaning that he will look after his country's interests and I will like over my country's interests and so on. The cost benefit analysis shows significant economic value rebounding to Ireland.