Dáil debates
Wednesday, 25 October 2006
Energy (Miscellaneous Provisions) Bill 2006: Report Stage (Resumed)
1:00 am
Noel Dempsey (Meath, Fianna Fail)
I will do it the other way around. If I speak for a third time, I will only take two minutes. I am sorry I did not realise what was the requirement.
On section 6, which concerns combined heat and power, there is ongoing work at EU level, which work will affect the section. We do not want to commence the section until the work is finalised.
I will forward whatever details I can obtain on Bord Gáis Éireann before the end of the week. The principle involved was that if the workers were to get an ESOP, its value would have to be reflected in savings to the company over a particular period and the State would also have to receive some dividend. Some of the details involved are commercially sensitive but we will provide as much detail as we possibly can.
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