Oireachtas Joint and Select Committees

Thursday, 24 March 2022

Public Accounts Committee

Sustainable Energy Authority of Ireland: Financial Statements 2020

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

That is fine. I follow that. The problem is, even if 100% of cars being bought are electric, that will be insufficient at the current rate at which new cars are purchased. Cars are also going to become more expensive, disposable income is going to drop this year and many people will be facing greater financial pressure for the next couple of years. The first thing people do in such circumstances is not to change their car as quickly. The point I am trying to make is that, even if 100% of cars bought are electric from 2024 onwards, we will still not reach that target of 1 million. That is the point I am making. We will not do it for the simple reason that the total number of cars sold is not high enough, even if every one of them is electric. At this point, it does not look like a realistic target.