Oireachtas Joint and Select Committees
Thursday, 16 November 2023
Public Accounts Committee
Appropriation Accounts 2022
Vote 11 - Public Expenditure, National Development Plan Delivery and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 39 - Office of Government Procurement
Vote 43 - Office of the Government Chief Information Officer
2022 Report of the Comptroller and Auditor General
Chapter 5: Vote Accounting and Budget Management
9:30 am
Mr. Kevin Meaney:
There is an additional document of considerable length within the code, which goes into a lot of technical parameters particularly around economic appraisal around carbon emissions and how to value those. Our key metric is called the shadow price of carbon. All large infrastructure projects, when carrying out an economic assessment, should include the shadow price of carbon, which is based on the embodied carbon within the piece of infrastructure that is being planned.