Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The Government and all of my colleagues on this side of the House absolutely understand the consequences of the uncertainty of the world that we are now in and what that means for households and businesses. We see a world that has become more dangerous, more volatile and full of uncertainty. We on this side of the House are absolutely aware of the concern and anxiety that is causing for many in our country, whether that be small businesses trying to keep jobs or householders worried about whether they will be able to pay their bills and keep their homes in the future. I see that in the eyes of my constituents. All of us see that in the engagements that we have with those we serve across the length and breadth of our country.

This, of course, is most manifest in the cost of living and the impact that increased bills is having on very many at the moment. In terms of what the Government is currently doing in relation to this, we have to look at what we can do to prevent the impact of the cost of living on households and businesses and at the support we can make available in the future. What we are already doing, for example, includes the measures that we have put in place in relation to the retrofitting of homes. A sum of €230 million was invested in this scheme last year, helping over 7,000 homes. In the past two years we have seen 129,000 energy upgrades to homes across our country. This year's budget alone has €280 million set aside for the warmer homes scheme, which is an eleven-fold increase in funding in comparison with where we were a number of years ago.

In addition to what we can do to prevent and mitigate these kinds of cost increases, which will be difficult, we also want to look at the regulatory model that we have here in Ireland. That is why the Government has laid out its commitment to assessing the role of the Commission for Regulation of Utilities, CRU, within our country in terms of the role of affordability and competitiveness within its mandate.

As we face into these kinds of challenges, they will be made no easier and no less difficult for so many by adding an air of dishonesty or cynicism regarding what any Government or politician can do. It is precisely because we are in difficult and volatile times that the Government needs to do two things. First, we must recognise what that means for those we are privileged to serve, and we do. Second, the Government must look at what it can do in a way that can help, which is why the Minister, Deputy Chambers was right. The Minister and I, and the Government, are very clear on what we can do and what we want to do in this regard. I cannot stand here in front of the House today and say that the level of payments that we have made available over the last number of years can become the norm. Those payments were made available at a time in which inflation was at 5%, 10% and 15%. They were made available across a world that is very different from today. That level of payment is something that, if we begin to normalise it and say it will be available year after year, of itself runs the risk of creating difficulties for our country and economy in the years ahead. However, as the Minister, Deputy Chambers said only today, as we approach the budget and respond to the challenges that are there, we will look at what measures we can put in place that will be targeted and can offer support to those who need it the most. We want to be clear in recognising the great challenge and worry that exists within our country at the moment but, equally, we want to be honest and say that we cannot and will not do anything that adds to the risks that we may face but at the same time, we want to identify how we can and will help.

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