Ibec commends Oireachtas work on Climate Action

Ibec, the group that represents Irish business, commends the work of the Oireachtas Joint Committee on Climate Action. In the circumstances, the committee has achieved some success in taking the politics out of climate policy and the recommendations in its recently published report merit serious consideration.

In this regard, Ibec acknowledges the need for additional incentives and regulatory measures which include a predictable carbon pricing trajectory, to ensure compliance with Ireland’s EU mandated 2030 greenhouse gas emissions reduction targets. In addition, Ibec fully supports the national ambition for completing the transition to a low carbon society by 2050. To this end, Ibec has been actively developing a shared vision on sustainability and an equitable and cost-effective roadmap on how we can collectively reach our common goal.