Results 1-10 of 10 for long segment:8878586
- Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)
Catherine Connolly: .... It certainly has been. Let us start with the elderly. I have a particular interest in this as I get older that we are now labelling older people as a societal problem rather than it being a delight that people are living longer, contributing to society and actually saving money. That is not put in here at all. We are looking at a sovereign fund which should make me jump for joy...
- Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)
Denis Naughten: I welcome the opportunity to speak on the legislation. It concerns the use of some of the surplus we see coming in through taxation for future long-term investment. This year, we are looking at a budget surplus somewhere north of €8 billion. The intention is to spend 0.8% of our GDP on investment in this fund. That is approximately €800 for every man, woman and child...
- Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)
Verona Murphy: ...much on punishing people. We know the benefits forestry brings, yet we cannot get it right. We also need to get our public transport system sorted out. In a number of towns, the main bus stop is a long walk away from the main train station, and there is very little link-up between buses and trains. We do not even have a train, metro or any kind of railway near our airports. The most...
- Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)
Rose Conway-Walsh: Let me be clear, Sinn Féin supports the setting up of a sovereign wealth fund. Long-term strategic planning of our public finances across the island is at the core of our vision for a new and united Ireland. There is widespread agreement that windfall corporation tax should not be spent on current expenditure. The unreliable nature of corporation tax means that is the prudent thing to...
- Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)
Paul Murphy: ...for it. This ignores the reality that it is pouring now for people in terms of the ongoing crises relating to housing, health, education, climate action and biodiversity. That €100 billion could go a long way towards resolving those crises. We could set up a State construction company. We could directly build hundreds of thousands of social and genuinely affordable homes....
- Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)
Jennifer Whitmore: .... In respect of the direct spending aspect, it appears from the Bill that it will be possible to invest moneys in the programmes or projects of corporations that have a primary fossil fuel objective as long as our national emissions targets and policies are not impacted. From my reading of that, we could theoretically invest in a coalmine in China under this fund because that would not...
- Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)
Róisín Shortall: ..., clearly, pension entitlements. When decisions are being taken about outsourcing so many of our public services, there is a short-term benefit in terms of cost but, inevitably, there are significant long-term costs as there is more dependence on the State. In terms of fiscal policy, the continued erosion of our tax base is deeply concerning. Given the volatile and uncertain nature of...
- Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)
Brian Leddin: ...the legislation. I also commend the Minister who is here today to present it to us. It will stand the test of time. It is internationally significant that Ireland is planning for the long term and looking beyond the five-year political cycle. We are saying that we want to protect our environment and to have a counter-cyclical fund so that when the economic times are not as healthy...
- Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)
Gerald Nash: ...and industrial development across the country, and ultimately pave the way to making sustainable progress towards a fairer and more prosperous Ireland. We in the Labour Party take a much longer term view than the Government is taking with this Bill in terms of the return on investment from the fund. The fund should be based on taking at least a medium-term, if not a long-term, view on...
- Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)
Michael McGrath: ...has been a focus for me and my Department over the past year. On budget day, I was pleased to announce that the Government had agreed a structure to: save and invest resources to deal with known and unknown long-term pressures on public expenditure; support countercyclical expenditure and help address specific climate and nature problems; and continue to maintain a stream of investment...