Dáil debates
Thursday, 4 May 2006
Energy Resources: Motion (Resumed).
11:00 am
Éamon Ó Cuív (Galway West, Fianna Fail)
I would like, as I did before, to give the Deputy a detailed breakdown of that. Nobody has answered the following question. There is a 20-1 shot and €20 million to go. Is the Deputy suggesting we should use taxpayers' money to become directly involved in this work or does he accept that one must go into the open market? The Deputy argues that the terms are far too favourable. Normally, if one goes to the open market with terms that are far too favourable, one finds a considerable number of bidders. We certainly have not discovered this. The Minister will review the policy into the future and as circumstances change and if the terms need to be adjusted, they will be adjusted.
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