Ibec welcomes agreement reached on sectoral emission ceilings

Ibec, the group that represents Irish business, today welcomed the news that an agreement had been reached on sectoral emissions ceilings.

Commenting on today's announcement, Ibec's Director of Lobbying and Influence, Fergal O'Brien said "Today's agreement will provide much needed clarity and investment certainty for all sectors of the economy. Now the focus must quickly turn to implementation.

Budget 2023 is an opportunity to mobilise decarbonisation across the economy through the provision of enhanced supports and resources. Recently announced state aid flexibilities also provide an opportunity to accelerate renewables and emissions reductions across industry and Government must provide the necessary investment supports to facilitate this.”