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Carbon Fund.

Dáil Éireann Debate, Wednesday - 8 March 2006

Wednesday, 8 March 2006

Questions (42)

Dan Boyle

Question:

29 Mr. Boyle asked the Minister for the Environment, Heritage and Local Government if the 2006 allocation for the proposed carbon fund, as promised in his budget 2006 speech, is contingent on when and if a carbon fund Bill is passed. [7933/06]

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Written answers

An allocation of €20 million is already available in my Department's Vote for 2006 to finance the purchase of carbon credits for Ireland by the National Treasury Management Agency. I intend later this year to bring forward legislative proposals to support the operation of carbon credit purchasing through a multi-annual fund.

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