Oireachtas Joint and Select Committees
Wednesday, 5 July 2023
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Scrutiny of EU Legislative Proposals - Net Zero Industry Act
Ms Catherine Joyce-O'Caollai:
On the use of industrial carbon for the production of e-fuels, the EU has legislated that it can only be used until 2040. It does not want to keep carbon in the system for longer than necessary. That should give sufficient signals that we can go for direct air capture, which is obviously more expensive as of now, but it is giving signals to invest, deploy at scale, reduce the cost, etc.