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Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: Let me use a broad construct. Does Coillte consider it appropriate to get the approval of the Department for the construct in which it plans to engage with a third party beforehand?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: My next question should have been put five minutes ago-----

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: Will Coillte, considering the Department is its sole shareholder, seek its approval for such a construct?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: I know that. Will Coillte ask for its approval?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: It is being used by Ms Hurley's colleague.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: I am taking it that is also a "No". With regard to oversight, I asked whether Coillte was looking at international evaluation. Would Coillte look at the financial history of those involved in a fund before it enters into an agreement with them? Would it ensure there was nothing untoward or that no constituent party of any fund had been found in breach of the Central Bank or Garda fraud,...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: In one famous instance that may have been mentioned, a British-based fund's Irish operations occurred on the basis of a purchase of an asset management company in Ireland and the founder of which was then appointed as managing director of Irish operations. The Central Bank fined those Irish operators €443,000 last year, which is not ancient history, because they had failed to submit a...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: That does not sound definite either. I wish to move on. I understand that is a joint venture.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: Have private investors formed the fund?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: What do they get out of that?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: Are they able to use that to offset?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: Who owns that land?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: Considering this is such a charitable, public-good type of endeavour, would the fund not gift the land to the State or to Coillte, as a State company?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: What is the duration of the fund?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Forestry Strategic Vision: Coillte (13 Dec 2022)

Matt Carthy: I presume it is a number of decades.

Ceisteanna Eile - Other Questions: Departmental Reviews (8 Dec 2022)

Matt Carthy: 132. To ask the Minister for Agriculture, Food and the Marine when he intends to act on the recommendation of the wool feasibility study to establish an all-island wool council. [61128/22]

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Agriculture Industry (8 Dec 2022)

Matt Carthy: We would have a much better agricultural policy and overall discussion if the Minister was willing to engage on issues. Through our suckler herd we produce some of the most sustainable beef in the world. The associated carbon emissions are half of that coming from South American beef. For the Government to even contemplate a forced reduction of Irish suckler cattle while the Mercosur trade...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Agriculture Industry (8 Dec 2022)

Matt Carthy: As the Minister said, we have 80,000 suckler farms. They are a crucial economic driver in many rural communities. They are not the most profitable but they are often the most economically impactful. Before considering any suckler reduction scheme, will the Minister commit to considering the potential impact that such a scheme would have on the land mobility service by driving up the price...

Ceisteanna Eile - Other Questions: Agriculture Schemes (8 Dec 2022)

Matt Carthy: 122. To ask the Minister for Agriculture, Food and the Marine if he intends to reopen the fodder scheme to new applicants. [61130/22]

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Agriculture Industry (8 Dec 2022)

Matt Carthy: 120. To ask the Minister for Agriculture, Food and the Marine if he intends to introduce measures that will result in the destocking of suckler cows, as recommended by the food vision beef and sheep group, considering the significant economic impact that this would have and recognising that suckler beef production has a lower emission profile than other sectors for which similar proposals...

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