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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Richard Boyd Barrett: For what it is worth, it seems to be folly for us to be selling the banks off and losing the dividends at a time when they are making us a lot of money. It would be a prudent investment to run the banks given all the surplus money we have.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Richard Boyd Barrett: But it is one-off and that is it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Richard Boyd Barrett: Overall, I think the one lesson we have learned is that the banks never lose. Everything was thrown at them to bail them out. They never lose and they are back making profits again. Anyway, it is obviously a difference in policy.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Richard Boyd Barrett: I will ask the next question on Palestine very quickly because I have just two minutes. Do we have information on where companies are operating in the occupied territories? Do the witnesses have details that can be shared about investments we have in Israel full stop, not just companies that might be operating in the occupied territories but that are based in or operating in Israel? Some...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Richard Boyd Barrett: Does the NTMA break it down into jurisdictions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Richard Boyd Barrett: A geographical analysis is available. Can I get that on the ISIF website?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Richard Boyd Barrett: That is great. This is the very last question I want to ask. If we are not meeting our climate targets, can the money being used to meet our targets – the money that can be spent - be used to buy carbon credits?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Richard Boyd Barrett: Therefore, it cannot be used for carbon credits.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Richard Boyd Barrett: It would be useful to get a categoric response on that. Perhaps it is an issue that we could get further clarity on.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Richard Boyd Barrett: This is literally my last question. On that very point, the purchase of forests has become a big thing because they are supposedly carbon sinks, but there are also very serious reports that a lot of our forests are actually carbon emitters because of the type of forestry – monoculture of Sitka spruce - or it is planted on the wrong kind of soil so it is actually bad for water quality...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion (22 Nov 2023)

Richard Boyd Barrett: I thank the witnesses and Deputy Conway-Walsh.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2023
Vote 11 – Office of the Minister for Public Expenditure and Reform (Supplementary)
Vote 12 – Superannuation and Retired Allowances (Supplementary)
Vote 13 - Office of Public Works (Supplementary)
Vote 14 – State Laboratory (Supplementary)
Vote 17 – Public Appointments Service (Supplementary)
Vote 18 – National Shared Services Office (Supplementary)
Vote 43 – Office of the Government Chief Information Officer (Supplementary)
(22 Nov 2023)

Richard Boyd Barrett: Sure. How many empty Garda stations did the Minister of State say he had? Was it 25?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2023
Vote 11 – Office of the Minister for Public Expenditure and Reform (Supplementary)
Vote 12 – Superannuation and Retired Allowances (Supplementary)
Vote 13 - Office of Public Works (Supplementary)
Vote 14 – State Laboratory (Supplementary)
Vote 17 – Public Appointments Service (Supplementary)
Vote 18 – National Shared Services Office (Supplementary)
Vote 43 – Office of the Government Chief Information Officer (Supplementary)
(22 Nov 2023)

Richard Boyd Barrett: He said he was engaging with local authorities. What is happening with that?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2023
Vote 11 – Office of the Minister for Public Expenditure and Reform (Supplementary)
Vote 12 – Superannuation and Retired Allowances (Supplementary)
Vote 13 - Office of Public Works (Supplementary)
Vote 14 – State Laboratory (Supplementary)
Vote 17 – Public Appointments Service (Supplementary)
Vote 18 – National Shared Services Office (Supplementary)
Vote 43 – Office of the Government Chief Information Officer (Supplementary)
(22 Nov 2023)

Richard Boyd Barrett: I would prefer not to. This is not because I am being difficult but because I am trying to gather some facts.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2023
Vote 11 – Office of the Minister for Public Expenditure and Reform (Supplementary)
Vote 12 – Superannuation and Retired Allowances (Supplementary)
Vote 13 - Office of Public Works (Supplementary)
Vote 14 – State Laboratory (Supplementary)
Vote 17 – Public Appointments Service (Supplementary)
Vote 18 – National Shared Services Office (Supplementary)
Vote 43 – Office of the Government Chief Information Officer (Supplementary)
(22 Nov 2023)

Richard Boyd Barrett: I see. I apologise.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2023
Vote 11 – Office of the Minister for Public Expenditure and Reform (Supplementary)
Vote 12 – Superannuation and Retired Allowances (Supplementary)
Vote 13 - Office of Public Works (Supplementary)
Vote 14 – State Laboratory (Supplementary)
Vote 17 – Public Appointments Service (Supplementary)
Vote 18 – National Shared Services Office (Supplementary)
Vote 43 – Office of the Government Chief Information Officer (Supplementary)
(22 Nov 2023)

Richard Boyd Barrett: I am sure the Minister of State was not. I am conscious that in my area, some of the stations have been sitting empty for quite some time and I would like to know how all that process is going. With the Covid-19 changes and all the rest of it that the Minister of State mentioned, are we left with buildings we either own or lease that now are very significantly underutilised because a lot...

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