Mr. Brian Carroll:

I will begin with Deputy Dooley's questions and some of Deputy Ryan's initial comments. There is little that we can do between now and 2020 to alter the fact that we will be between -4% and -6% against a target of -20%. The end of 2020 is approximately two and a half years away. Deputy Dooley asked how much this would cost. It is important in understanding this to recognise the difference between complying with an EU architecture and decarbonising. Deputy Ryan talked about us decarbonising and emissions falling from 2008 and starting to rise again. That pattern has tracked the economic downturn and the pickup in economic activity having come out of the downturn.