Dáil debates

Wednesday, 12 October 2022

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation

 

1:02 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

The scheme the Minister for Finance announced on budget day, which is still being developed, is a broad-based scheme to support businesses with the very high energy costs they are going to be facing over the period ahead. It is based on the relative increase in the per unit price of energy for a particular business. Many of those companies the Deputy has identified, because of their scale and their ability to enter into longer-term futures contracts and so on, may not qualify. However, it is a broad-based scheme. I will relay to the Minister for Finance the concerns the Deputy has expressed.

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