Seanad debates

Friday, 9 July 2021

Climate Action and Low Carbon Development (Amendment) Bill 2021: Report and Final Stages

 

9:30 am

Photo of Alice-Mary HigginsAlice-Mary Higgins (Independent) | Oireachtas source

My one-line response to that is that there is an amendment I have not been able to put forward because I did not get to it on Committee Stage. It relates to the cost of dealing with the oil and gas infrastructure of companies that are exiting. It is very important that such costs do not end up coming out of this fund. That is one of the reasons this was important. We should not end up having to effectively pay the cost of fossil fuel companies exiting. It is very important that levies be charged so that companies pay their own exit costs. I will press the amendment.

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