Oireachtas Joint and Select Committees

Tuesday, 5 November 2019

Public Accounts Committee

2018 Annual Report of the Accounts of the Public Services
Chapter 9 - Greenhouse Gas-Related Financial Transactions: Discussion

8:50 pm

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail)
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They are included in the direct subsidies that are potentially damaging to the environment that the CSO has included in its detailed table, for which the figure comes to €1.8 billion. Then there are the indirect subsidies that are potentially damaging to the environment, for which the figure comes to €2.3 billion. In the last chapter it is stated fossil fuel subsidies are income forgone through taxation. We are spending €4 billion each year on what the CSO calls environmentally damaging subsidies.