Dáil debates
Tuesday, 22 June 2010
Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages
5:00 am
Eamon Ryan (Dublin South, Green Party)
I tried to make the point on several occasions on Committee Stage that we are not looking at a windfall levy on the allowances but rather on what passes through via the SEM decisions. It is market-related in regard to SEM transactions which, as the Deputy said, are very low in this instance because of where the stations are in the order of merit means they are not in action on a regular basis. It is not applied on the allowances but rather on the SEM pass through. Amendment, by leave, withdrawn.
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