Oireachtas Joint and Select Committees
Wednesday, 12 June 2024
Committee on Budgetary Oversight
Infrastructure Guidelines: Department of Public Expenditure, National Development Plan Delivery and Reform
Mr. Kevin Meaney:
In the first instance it would be for the transport sector and the Minister for Transport to consider. There are many different values that go into the economic appraisal and many other benefits that can be achieved. We are looking at the costs of carbon and the costs have gone up as a reflection of our national targets. For projects that may have increased carbon, the costs go up. That is the case. The decision as to whether the road project is a better means to deliver whatever objective they are trying to achieve can only be decided by the sector. I reflect that the Deputy is broadly correct. Projects that may induce or have more carbon will now have a higher cost because our targets are set.