Oireachtas Joint and Select Committees

Wednesday, 17 November 2021

Joint Oireachtas Committee on Agriculture, Food and the Marine

Carbon Sequestration and Storage in Agriculture: Discussion

Mr. Richard Kennedy:

First, the euro signs flashing in front of my head are not there in the context of making money. We have invested a significant amount of money in this research because we believe this is the future of farming and food. As I stated, there is no other game in town in the context of 2050. Ireland is a food-producing island. Senator Paul Daly stated that we are a multinational. I am a small farmer - maybe not that small - but I am from a small farm in Sligo in the west where I live. I do not see myself or us as being part of a multinational. We are a company that is trying to build a business but the fundamental of that business is that there is a food supply chain. As I stated, Ireland has been fundamental to our reputation in growing throughout the world. We believe that Ireland was a leader in nutrition when we stepped off the island and it now needs to be a leader in sustainability. I absolutely believe we can do that. We can and we should get a baseline for farms by gathering the information using the best available technology we have at our fingertips to find out where we are.