Mr. Tom Parlon:

On the Deputy's question on jobs there is a general rule of thumb in construction that €1 billion expenditure gives 10,000 jobs for the year. If one multiplies the 500,000 houses by the €50,000 average for a deep retrofit, I am not too sure of my own maths but I believe that would be €25 billion. That is 250,000 jobs over a ten year period. That is a lot of work. Retrofitting is highly labour intensive. There is not a great opportunity to automate it or do any of it off site. There is a lot of work involved in deep retrofitting our housing stock.