Oireachtas Joint and Select Committees

Thursday, 4 May 2023

Public Accounts Committee

Appropriation Accounts 2021
Vote 30 - Agriculture, Food and the Marine
Department of Agriculture, Food and the Marine - 2021 Financial Statements
Fishery Harbour Centres

9:30 am

Mr. Bill Callanan:

I am not sure. I would like to point out one thing regarding that question. Carbon is valued by a number of standards, one is which is its emissions trading scheme, ETS, value, which is carbon for compliance. That is currently up to €100 per tonne and that creates a value market to encourage actions to reduce carbon emissions. However, forestry is not within that structure.