Róisín Shortall (Dublin North West, Social Democrats)
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1549. To ask the Minister for Communications, Climate Action and Environment the projected receipts from the National Oil Reserves Agency levy for 2019 and each of the next five years; the projected proportion that will be available in excess of the operating costs of the agency; and if all excess funds have been earmarked for the climate action fund. [36708/19]

Richard Bruton (Dublin Bay North, Fine Gael)
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The projected receipts from the NORA levy over the next five years are on average €141 million per annum. Average NORA expenses over this period are projected to be €76 million per annum, leaving an amount in excess of operating costs of c.€325 million from 2019 to 2023. Under the National Development Plan, the Government has decided that the Climate Action Fund will have an initial allocation of €100 million and an annual allocation of at least €50 million thereafter. To finance this Fund, the Government has decided to repurpose part of the NORA levy. There are no plans to use the NORA levy for any other purposes.