Oireachtas Joint and Select Committees

Wednesday, 3 May 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Examination of EU Fiscal Rules: TASC

Photo of Neasa HouriganNeasa Hourigan (Dublin Central, Green Party)
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I will stay in the same area but I wish to raise something that Senator Higgins raised as well. I know that some of this is still in play and still being discussed. I hope that there will be some kind of measure in place to incentivise green capital investment or expenditure and to allow some kind of exclusion for it. To some extent, TASC dealt with it a little bit with two of the options, which would be simple exclusions or a golden rule. There was a third option floating for a while of perhaps benchmarking for green public investment of a share of government expenditures. I suspect that some of the criticism of that would be, again, a loss of sovereignty or being too instructional to nation states or national governments. Is that still in play or are we simply in the realm of where we might exclude it?