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Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: I call Dr. de Bruin to make her opening statement.

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: I thank Dr. de Bruin and invite Mr. Maughan to make his opening statement.

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: What if they were hybrid vehicles?

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: Phrases like "carbon tax denial" and "carbon tax deniers" are new ones on me. We will take them from this meeting. It is clear that the witnesses feel strongly about the academic research. I have a question for the officials from the Department of Communications, Climate Action and Environment. This committee receives documents regularly. It recently received an overview and analysis...

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: I apologise for interrupting but has a costing been done on a diesel car scrappage scheme to incentivise people to purchase electric cars?

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: I have only five minutes and I thank Mr. Maughan for his service. I am not trying to make this personal but there is no costing for that.

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: There is no costing for it.

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: ---

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: But it is policy.

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: That is grand. There is no costing for it. I am just asking as a member of the Committee on Budgetary Oversight. With regard to the cost of missing targets, as members of this committee we have received a briefing that states the Department of Finance has indicated Ireland is at risk of being subject to fines of €600 million annually from 2021 if targets are not met. It suggests...

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: Yes.

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: Let us not move on to 2030 just for a second. If we continue the way we are and do nothing, we will face no fines by 31 December 2020.

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: In monetary terms, what are those additional credits?

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: Where do people get these figures that we face hundreds of millions of euro in fines for missing 2020 targets?

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: As a layman I ask how much because I do not know the headings or frameworks under which all these fines may issue but Mr. Maughan does. Taking all of the potential liabilities under every heading, if we stood still and did nothing between now and 31 December 2020, what are the potential fines to the country from the European Commission or anybody else?

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: What is the view of the Climate Change Advisory Council and the ESRI on this? How much of a fine do we face by 31 December 2020 if we do nothing?

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: Why the emergency when we are not that shy of our targets?

Committee on Budgetary Oversight: Budgetary and Fiscal Implications of Climate Change: Discussion (18 Jun 2019)

John Lahart: I mean in terms of 2020. We will be 21% below the 2005 levels by 2020.

Committee on Budgetary Oversight: Fiscal Policy and Budgetary Planning: Discussion (19 Jun 2019)

John Lahart: I am looking forward to the next session as well. I thank the witnesses for their important advocacy. I think we have been used to the conservative players who have been before us. It is nice to get that counter-balance. I mean that in a positive way in both regards. We have had witnesses in from the Irish Fiscal Advisory Council, the Economic and Social Research Institute, etc. It is...

Committee on Budgetary Oversight: Fiscal Policy and Budgetary Planning: Discussion (19 Jun 2019)

John Lahart: As a member of the Committee on Budgetary Oversight, I try to be objective. It is interesting. Deputy Boyd Barrett is a good colleague. The witnesses support the carbon tax and the idea of a tax on wealth, including property, but he does not. I regard most of the witnesses as-----

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