Dáil debates

Tuesday, 26 February 2008

8:00 pm

Photo of Eamon RyanEamon Ryan (Dublin South, Green Party)

The process we are engaging in, which is recognising the reality, having real ambition and engaging in detailed, properly thought-out policy analysis is the right way to go. In the past we have jumped at rash solutions here, maybe often for political gain, but they did not prove to be the right investment decisions. We must, in a fast-changing and complex market, make sure we make the right investments and ensure that the regulatory system is working. There is no lack of ambition on my part. I will work very much on a co-operative basis when it comes down to the specifics of making decisions. I am open to any criticisms or suggestions in terms of how we can do it better. Our amendment simply says that we must recognise what has happened and that we are engaged in a consultative process, this very night, in the international advisory forum. We will then go to public forum, where the paper will be published and it will change and evolve, because this is a fast-moving area.

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