Results 821-840 of 3,519 for speaker:Michelle Mulherin

Joint Oireachtas Committee on Agriculture, Food and the Marine: Renewable Energy Directive: Discussion (24 Oct 2017)

Michelle Mulherin: Mr. Nolan raised an interesting point, which is our attractiveness to foreign direct investment, FDI, from the likes of Danone because of our energy efficiency and approach to renewable energy etc. Given Mr. Brady is here, I understand that Article 19 in this new renewable energy directive basically states that carbon credits cannot accrue. For example, in the case of Athenry, if the wind...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Renewable Energy Directive: Discussion (24 Oct 2017)

Michelle Mulherin: If one is going to support more than just wind, and I understand that is under consideration at present, one possibly could support solar energy and offshore wind. These are all things that can be considered. If a foreign direct investment company wishes to come here and be associated with a green energy generator, it cannot get any carbon credits for that under Article 19. The suggestion...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Renewable Energy Directive: Discussion (24 Oct 2017)

Michelle Mulherin: Clearly, if I have a data centre I might not have expertise in developing wind farms or some other renewable energy source, so we must make provision for people to be able to enter agreements with each other about this and for it to be facilitated by the State.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Renewable Energy Directive: Discussion (24 Oct 2017)

Michelle Mulherin: Deputy Fitzmaurice made an interesting point and Dr. Hendrick answered it. However, is it not the case that we already have installations in this country that are allowed to trade up to a certain emission level and can buy credits? There are such installations and the Deputy is asking whether the farmer could potentially sell those credits to these installations. Obviously, only certain...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: Ms Rowland stated that the Central Bank is in the process of crystallising the extent of the dispute in respect of tracker mortgages with lending institutions. I wish to address overcharging and sharp practices in respect of commercial loans to SMEs. Such a loan could be a tracker mortgage or a similar financial product such as a rate swap product involving a bank inducing a company that is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: Is the Central Bank aware of the issue regarding SMEs and has it been assessed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: The witnesses have not answered my net question. We are trying to quantify an issue. Is the Central Bank operating on a case-by-case basis as people come forward with issues regarding SME loans or has it another method whereby it is ascertaining the number of cases where the banks have acted in this fashion in respect of commercial tracker loans?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: What sort of provision has each bank been required to make in its books in order to address this issue?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: Both.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: The witnesses referred to non-performing loans as distinct from people who have got into difficulty with their tracker mortgages.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: I am sorry. I had a thought-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: It is gone from me. The concern is that, while the issue of individuals' loans is in focus and being discussed by us, there has been considerable abuse by the banks of their position of power in negotiating terms and conditions, unilaterally changing interest rates and encouraging people to switch financial products to their detriment. However, financial considerations and the fact that...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: My final question is on the Central Bank's enforcement powers and its ability to get a handle on this situation and ensure that the banking system and banks are held to account. Regarding enforcement, penalties and fines, it would seem that, notwithstanding what the country has gone through and the backlash against banks, they still seem to believe that they do not need to adhere to the same...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: I have a final question. How will the SMEs I have described get redress, apart from going to the courts?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: Professor Lane does not see a role for the Central Bank similar to that which it is undertaking in other contexts. I am talking about small businesses, not multinationals.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (19 Oct 2017)

Michelle Mulherin: Thank you, Chairman.

Seanad: Coroners (Amendment) Bill 2016: Second Stage (18 Oct 2017)

Michelle Mulherin: I welcome Jake's family to the Gallery. I understand well the objective of Senator Mac Lochlainn and his colleagues in introducing this Bill. The background sets a tragic picture of what happened to this young man. I also understand a family's passion to make a difference and effect change after such an experience. Having worked in the coroner's court as a solicitor, it has a limited...

Seanad: Business of Seanad (18 Oct 2017)

Michelle Mulherin: I propose that, notwithstanding the order of the House today, No. 4, Civil Law (Missing Persons) Bill - Committee Stage, begin at 5.35 p.m.

Seanad: Flood Prevention Measures: Statements (18 Oct 2017)

Michelle Mulherin: The Minister of State is welcome to the House. We have been debating the issue of flood defences and protection more and more in recent times in both Houses and across local government and our councils because of the increasingly erratic weather we are witnessing. The weather on Monday is evidence, in the face of cynics who do not want to subscribe to the existence of global warming, that...