Fossil gas taxonomy
Deputy Ó Cuív asked whether the Government would oppose an EU move to classify fossil gases as green investments. The Tánaiste said no formal decision had been made, stressed continued gas use for power generation, and said the issue required further consideration.
Can the Tánaiste assure me that the Government will oppose any move by the EU to amend the taxonomy for fossil fuels? The proposal being made is to add fossil gases, including possibly fracked gas, to the list of investments that should be considered green up to 2030. It seems to be a total contradiction of all the policies of this Government.
Comment on this
I am not sure whether the Government has made a formal decision on this matter. We need to give consideration to the fact that we will continue to need to use natural gas as a fuel for the next number of decades. We just signed off the other day on a major investment in new power plants, which we need, and those power plants will be using natural gas in the main. While natural gas is a fossil fuel and contributes to climate change, it is much better than coal and oil. There are some decisions that have to be teased out there. There is also a difference between blue gas, which comes from under the sea, and fracked gas, which is much dirtier. I am not sure the Government has made a decision on that just yet. I will have to come back to the Deputy on it.