Oireachtas Joint and Select Committees
Tuesday, 18 April 2023
Joint Oireachtas Committee on Climate Action
Pre-Legislative Scrutiny of the General Scheme of the Energy (Windfall Gains in the Energy Sector) Bill 2023
Alice-Mary Higgins (Independent)
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Ms Sikow-Magny said she cannot comment on the non-proliferation treaty now. I refer to the memorandum of understanding, MoU, with Israel and Egypt and the concern that it was one of the first such MoUs that did not specifically exclude the risk of gas from occupied territories. We should be consistent because all of this is starting from the principle that the Russian invasion and occupation of Ukraine means that we are not taking Russian gas. In that context, I raise the importance of following through and being consistent on the human rights principles.
On the taxonomy, we have seen how volatile gas is. Is there any regret or potential to revise the question of including gas within the EU taxonomy, given that the EU is clear now we need actual renewable investment to be prioritised? There is a danger of the two-way signal mechanism, for example, potentially applied to gas producers as well so that we are locking in a commitment on pricing to gas producers for the longer term when it is an area we need to move away from.