Dáil debates

Thursday, 29 November 2012

Ceisteanna - Questions - Priority Questions

Offshore Exploration

3:40 pm

Photo of Michael ColreavyMichael Colreavy (Sligo-North Leitrim, Sinn Fein) | Oireachtas source

The Minister of State is as aware as I am that the jobs, income and oil security promised in the non-negotiations in this development are illusory. All exploration costs can be written off against any tax rate we set. Surely, we need to button down our expected return from these companies. We need to know in advance that this return will be made. Otherwise, we are risking our environment and people's enjoyment of life for very little or no return.

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