Oireachtas Joint and Select Committees

Thursday, 18 April 2019

Public Accounts Committee

Environmental Protection Agency: Financial Statements 2017

9:00 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats)
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Obviously, the corporate culture of the companies being examined will be important in determining what kind of a bond will be required. There is a company in my area that one can be sure will do everything by the book. If there is a criticism, one hears it often goes over the top, which I much prefer.

Let us consider circumstances where there is a changing environment. For example, while we must consider that Aughinish has important jobs in an area in which jobs are not plentiful, the changing environment there concerns the US embargo. Would the EPA review the bond situation and require a different kind of bond if there were a risk to the parent company in a way that potentially existed and might still exist?