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Joint Oireachtas Committee on Communications, Climate Action and Environment: Scrutiny of Petroleum and Other Mineral Development (Amendment) (Climate Emergency Measures) Bill 2018: Discussion (3 Jul 2018)

...is a small amount but the gas only needs to travel 200 miles. Proportionately more would have to be burned if the gas was travelling a far longer distance and far more so in the case of liquified natural gas, LNG. Several years ago, the Economic and Social Research Institute pointed out the catastrophic consequences of a loss in gas, as might be caused by an issue at the connection point...

Joint Oireachtas Committee on Communications, Climate Action and Environment: Scrutiny of Petroleum and Other Mineral Development (Amendment) (Climate Emergency Measures) Bill 2018: Discussion (3 Jul 2018)

...anywhere across the world because the companies are not obliged to sell it to us. If gas is found in these deep finds, the technology is evolving and it could also be shipped elsewhere. If the LNG plant at Shannon is given the go-ahead gas could also be shipped away. Therefore, we do not actually have security of supply at the moment. Through the consumption and production of...

Joint Oireachtas Committee on Communications, Climate Action and Environment: Scrutiny of Petroleum and Other Mineral Development (Amendment) (Climate Emergency Measures) Bill 2018: Discussion (3 Jul 2018)

Dr. Neil Walker: I would just like to clarify one point. With regard to the LNG terminal envisaged on the Shannon and in Cork Harbour, liquified natural gas would be imported and evaporated. There is no proposal whatsoever to produce liquified natural gas for export. That is a totally different technology. One has to be somewhere like Abu Dhabi, Qatar or Texas - in other words, a major...

Joint Oireachtas Committee on Communications, Climate Action and Environment: Scrutiny of Petroleum and Other Mineral Development (Amendment) (Climate Emergency Measures) Bill 2018: Discussion (3 Jul 2018)

Bríd Smith: We just heard from Professor Shannon that LNG is extremely damaging and that it creates more CO2 emissions than other forms of natural gas.

Joint Oireachtas Committee on Communications, Climate Action and Environment: Scrutiny of Petroleum and Other Mineral Development (Amendment) (Climate Emergency Measures) Bill 2018: Discussion (3 Jul 2018)

Dr. Neil Walker: Exactly. Very few LNG plants have been built in Europe in the last decade because they are more expensive. They cannot compete with piped gas. The proposal for an LNG terminal on the Shannon has had full planning permission and all the consents for years. There is one reason it has not proceeded, which is that it would lose money because it not competitive with piped gas...

Joint Oireachtas Committee on Communications, Climate Action and Environment: Scrutiny of Petroleum and Other Mineral Development (Amendment) (Climate Emergency Measures) Bill 2018: Discussion (3 Jul 2018)

Bríd Smith: Why would Dr. Walker want to bring LNG into the country if it is more damaging to the environment?

Joint Oireachtas Committee on Communications, Climate Action and Environment: Scrutiny of Petroleum and Other Mineral Development (Amendment) (Climate Emergency Measures) Bill 2018: Discussion (3 Jul 2018)

...through Britain, a decision may be made as a result of regulatory issues or of the Department that public support in the form of a public service obligation, PSO, levy would apply in order to make LNG viable in order to reduce the risk of a catastrophic loss of supply. There are different economic issues. Huge investment costs are involved in land-based terminals, which are not viable....

Joint Oireachtas Committee on Communications, Climate Action and Environment: Scrutiny of Petroleum and Other Mineral Development (Amendment) (Climate Emergency Measures) Bill 2018: Discussion (3 Jul 2018)

Bríd Smith: That implies that IBEC would be opposed the LNG terminal at Shannon.

Joint Oireachtas Committee on Communications, Climate Action and Environment: Scrutiny of Petroleum and Other Mineral Development (Amendment) (Climate Emergency Measures) Bill 2018: Discussion (3 Jul 2018)

...Walker: We are not opposed to any particular project. As a principle, we generally comment on projects that are of significance to national or regional policy. We have never commented on the LNG terminal in Shannon as a commercial project. Shannon is not an IBEC member. We have never commented on the proposal for floating LNG storage in the harbour. As and when the regulator says...