Dáil debates

Tuesday, 22 November 2011

3:00 pm

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein)

While many words were used, the question was not answered. It would have been answered in four syllables, namely, 30,000, the number of jobs that would be created if an additional €3.1 billion per annum was available. For example, the Government could reinstate the sum of €750 million it took out and could make Ireland's broadband services the best in the world with the expenditure in one year of €3.1 billion. Obviously, the reason I mention the sum of €3.1 billion is that it is the cost of the Anglo Irish Bank promissory note. One could provide 900 MW of offshore wind energy to power up to 1 million homes. In a five-year period, with that amount of money, one could retrofit 1.4 million houses in the State. This includes every single house in the State, would save each household €1,400 per year and the scheme would pay for itself within seven years.

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