Results 3,041-3,060 of 25,997 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Transport, Tourism and Sport: National Aviation Policy: Minister for Transport and Minister of State at the Department of Transport (7 Dec 2022)

Kieran O'Donnell: Finally, on the emissions trading system, ETS, tax, Ryanair representatives appeared before the committee. Is that system being used to promote sustainable fuels in that area in the aviation sector?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Aviation Policy: Minister for Transport and Minister of State at the Department of Transport (7 Dec 2022)

Kieran O'Donnell: Is it something that the Minister has considered? Am I correct that it is €140 million?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Aviation Policy: Minister for Transport and Minister of State at the Department of Transport (7 Dec 2022)

Kieran O'Donnell: Is it something that the Minister would consider on the basis of promoting the use of sustainable fuels? At this stage, most people agree on the main points. We all may differ on how to get there but everyone agrees we must move towards carbon-free fuels. Is it an area that the Minister would consider putting money into?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Aviation Policy: Minister for Transport and Minister of State at the Department of Transport (7 Dec 2022)

Kieran O'Donnell: Is it something the Minister is open to?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Aviation Policy: Minister for Transport and Minister of State at the Department of Transport (7 Dec 2022)

Kieran O'Donnell: I thank the Minister. I am conscious of time for both himself and the Minister of State. We will continue our deliberations. It is something the Minister and the Minister of State will be interested in. We look forward to the review of the State airports programme and then feeding into the national airports strategy. I thank the Minister and Minister of State and their officials for...

An tOrd Gnó - Order of Business (6 Dec 2022)

Kieran O'Donnell: Wholesale electricity prices fell sharply last month by 52%. The temporary business energy support scheme is great. It gives businesses up to €10,000 in supports where their electricity costs increase by 50% and they get 40% back. These wholesale electricity price reductions are not being passed on to the end consumer. We are facing into a very cold spell and a severe winter when...

Written Answers — Department of Education and Skills: School Transport (30 Nov 2022)

Kieran O'Donnell: 119. To ask the Minister for Education and Skills when payment will issue to a person (details supplied). [59825/22]

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: I thank Mr. Barnes and his colleagues for their work over the period. The Irish Fiscal Advisory Council was before the committee on 7 September. At that meeting, I highlighted that the council basically stated that it looked like there would be additional revenues of €3.5 billion, particularly from corporation tax. The surplus proposed by the Government in the summer economic...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: At the time, I promoted that they be once-off measures and would not be embedded in core spending.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: Mr. Barnes will appreciate that it gave headroom to the Government. If those surplus corporation receipts had not come in, the headroom to do those once-off measures would not have been available at that time. Is that correct? It did not require borrowing.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: Will Mr. Barnes explain that? The summer economic statement referred to a surplus of €1.2 billion, whereas the outturn shows a surplus of €1 billion. There is a difference of €200 million. I think €2.5 billion was the figure that was being mentioned in once-off measures and it ended up being €3.9 billion. The point I am making is that if we take the...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: My figure is more of an accounting measure.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: In the limited time I have----

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: No, I am making a more fundamental point. Regarding the surplus corporation tax receipts, if once-off measures are being put in place, they have to be paid for at some stage.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: No, I am making a more fundamental point. While policies have to be driven, at some stage they have to be paid for. Either they will be paid for by taxes or borrowings. It is one or the other. We cannot pull magic money out of the air. I am just saying that the surplus corporation tax receipts have provided a new dimension to our economic performance as a country. I direct the...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: I am turning it on its head. Mr. Barnes spoke about policy.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: The IFAC is decoupling the windfall corporation tax receipts from policy decisions. I am probably a bit more pragmatic. I do not like borrowing. These receipts gave us the opportunity last year to take once-off measures that we had to take. We were able to that from cash flow on a once-off basis rather than having to borrow. That is my view.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: If we did not have the windfall corporation tax receipts last year and we spent €3.9 billion on once-off measures, would we still have had a surplus? How would we have done it without either new taxes or borrowing?

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (30 Nov 2022)

Kieran O'Donnell: Would it not have given rise to a normal deficit if that had been done?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Aviation Policy: Ryanair (30 Nov 2022)

Kieran O'Donnell: Apologies have been received from Deputy Matthews. The purpose of the meeting is to discuss Ireland's national aviation policy. We are joined by Mr. Michael O'Leary, group CEO of Ryanair, and Mr. Eddie Wilson, CEO of Ryanair. They are both welcome. With regard to privilege, witnesses are reminded of the long-standing parliamentary practice to the effect that they should not criticise or...