Dáil Éireann Debate, Tuesday - 25 July 2023
127. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications further to Parliamentary Question Nos. 141, 142, 145, 154 and 156 of 13 July 2023, if he will rule out the distribution of proceeds from the cap on market revenues and temporary solidarity contribution to provide subsidies to large energy users; and if he will make a statement on the matter. [36848/23]
View answerThe proceeds collected by the cap on market revenues and temporary solidarity contribution are required to be distributed in accordance with Article 10 and Article 17 respectively of Council Regulation (EU) 2022/1854 of 6 October 2022 on an emergency intervention to address high energy prices. The specific measure or measures for which the proceeds from the cap on market revenues and temporary solidarity contribution will be agreed by Government in the context of Budget 2024, which will take place in the coming months and the proceeds distributed thereafter.
