Dáil debates

Thursday, 17 September 2009

National Asset Management Agency Bill 2009: Second Stage (Resumed)

 

6:00 pm

Photo of Paul GogartyPaul Gogarty (Dublin Mid West, Green Party)

We must operate within conventional economic thought. I mention this because issues such as economic growth, sustainability and peak oil arose at our conference in Athlone on NAMA and the various options put forward. Oil prices may have already peaked or are just about to peak and this will have a profound impact on the economic system as it is a limiting factor which will stop unbridled economic growth, never mind the damage that climate change will do.

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