Oireachtas Joint and Select Committees
Wednesday, 29 March 2023
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2023: Committee Stage
Pearse Doherty (Donegal, Sinn Fein)
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Of course, because energy prices did not increase. The assumptions the Department used are appropriate, but the Minister made the point that he would never introduce a scheme, because he does not know where energy prices go. If energy prices multiplied over that period, these companies would have reached the cap and, therefore, the exposure of the State would be in the tens of billions of euros. Is that not correct? However, is it not the case that it is appropriate when doing costings such as these, as the Department did, to use assumptions that are realistic and likely to occur?