Dáil debates

Thursday, 4 November 2021

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Climate Action Plan

9:20 am

Photo of Ossian SmythOssian Smyth (Dún Laoghaire, Green Party) | Oireachtas source

I will have to come back to the Deputy about the commitment to establish a just transition commission. I do not know when that will be. It is not all about money. Having a lot of money to spend does not solve all your problems. Sometimes the staff cannot be found or there are not the skills within the economy, or else you have the money to spend but people do not want the money to be spent or people with vested interests in an area do not want that change. Not everything is about cash. Money is essential and things cannot be done without it. Green bonds will be issued at European level. There is a debate over what is green and what the bonds can be issued for. There has been a change of mindset at European level about economic realities, how much money should be borrowed, how the economy should run and how careful we should be with our expenditure. There is a renewed perspective on the fiscal compact. That will affect how money is spent and raised to deal with the green transition.


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