Seanad debates
Tuesday, 1 April 2003
Motor Vehicle (Duties and Licences) Bill 2003: Second Stage (Resumed).
We are not examining the Kyoto Protocol seriously. If one studies its climate strategy and the relevant industrial projections, high energy industries will close down because they will not be able to conform to the emission targets set. If they have to trade with companies in other countries with different emission policies, it will place an excessive burden upon them. In addition, Australia and America stayed out of the protocol because they believed their industries would be at risk. One might say that is an irresponsible attitude but has the Government targeted Irish companies which may be at risk due to their current emission standards? If so, is it aware of the financial cost to them of remaining in business? It might be surprised to learn of the potential risk to jobs from now until 2007. Despite the fact that the protocol dates back several years, this situation is only now dawning on some companies. Under the terms of the protocol, Ireland stated emission standards would rise by 13% above 1990 levels but they are now running at 20% above them.
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