Dáil Éireann debate -
Tuesday, 3 Mar 1998

Vol. 488 No. 1

Written Answers - Renewable Energy Tax Relief.

Trevor Sargent

Question:

107 Mr. Sargent asked the Minister for Public Enterprise the supports and measures, if any, which have been undertaken by her Department to ensure all forms of renewable energy and, in particular, solar energy will receive the most favourable treatment in the context of the Finance Bill, 1998. [5738/98]

Minister of State at the Department of Public Enterprise (Mr. Jacob)

Section 48 of the Finance Bill 1998 makes provision for tax reliefs for investment in renewable energy projects using windpower, hydropower and biomass technologies, subject to certain conditions. This pilot tax relief initiative does not extend to solar energy based technologies.