Oireachtas Joint and Select Committees

Tuesday, 18 June 2019

Committee on Budgetary Oversight

Budgetary and Fiscal Implications of Climate Change: Discussion

Professor John FitzGerald:

Yes. On the basis of known technologies today, we would be anxious for the Department to lay out the trajectories to 2050 to do what the British and the Danes have done. It is highly likely that if one does so - I refer to the work done by University College Cork on this - a significant part of the solution to getting to 2050 will be gas fired. If one gets to 70% renewables, one will still need 30%. Where one pumps the gas emissions back into the ground, it will be expensive to do so. However, there is research being done on this. We have an empty Kinsale oil field and a pipe that goes out to it so that the possibilities of doing so are there. This is work in progress in terms of research but it is highly likely, on the basis of current known technologies, that part of our solution will be a limited amount of electricity from gas with carbon capture and storage.