Written answers
Wednesday, 13 July 2011
Department of Agriculture, Marine and Food
Forestry Sector
6:00 pm
Martin Ferris (Kerry North-West Limerick, Sinn Fein)
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Question 155: To ask the Minister for Agriculture, Fisheries and Food if he will provide details of the value of Coillte forestry under the European Union emissions trading scheme; and the value of any potential mining rights, fishing rights and hunting rights on Coillte owned lands. [20244/11]
Simon Coveney (Cork South Central, Fine Gael)
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While forestry units are used for national compliance with greenhouse gas emission reduction targets, they cannot be used under the EU emissions trading scheme. I understand that, under Irish Generally Accepted Accounting Principles (GAAP), there is no value included in the Coillte Group Annual Accounts for the other assets to which the Deputy refers.
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