Michael Creed (Cork North West, Fine Gael) | Oireachtas source

There is absolutely no upside for this economy of a Brexit, and the Deputy has listed a series of risks, including the issue of energy supply. There are existing cross-Border interconnectors and so on, and all of these arrangements would come under the microscope in the new dispensation that would apply. I refer to the uncertainty that would follow in the context of two years of negotiations, which would halt investment and damage confidence and would lead to fluctuations and currency movements that would create greater disadvantages for products from Ireland. I will take up with my Cabinet colleagues the issue of energy supply in particular.

The Deputy also raised the issue of animal and plant health regulations and standards. It would obviously be open to the United Kingdom to change the standards.

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