Dáil debates
Tuesday, 22 June 2010
Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages
5:00 am
Liz McManus (Wicklow, Labour)
I move amendment No. 10:
In page 5, between lines 47 and 48, to insert the following:
"(6) No carbon revenue levy is payable by an electricity generator that has purchased the full value of their carbon allowances available to them until the end of 2012 in a commercial arrangement.".
We discussed this issue on Committee Stage. At that stage, I tabled a different amendment which I have now rephrased in line with Deputy Coveney's amendment, since his wording is a good deal better than mine. It relates to a particular company which is in the unfortunate position that it has already paid for its carbon allowances but it will be penalised by this carbon levy. Generally, there is a certain degree of sympathy.
On Committee Stage, the Minister stated it would not have much impact anyway but he has been very careful to ensure even the small percentage to which he referred in respect of Aughinish Alumina and Tynagh Energy would come into the net. I would have thought that same attention to detail would apply in respect of this company.
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