National Oil Reserve Agency (Amendment) Bill 2026: Committee and Remaining Stages
Dail Éireann — 2026-03-25
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Eoin Hayes (SD), Dublin Bay South

I thank the Minister for committing to bringing it to Cabinet. He did not have to do that so I appreciate it. Bringing any other oversight to it involving the Dáil or committees is laudable and I am glad to see the Minister engage on a good faith basis on that.
I also acknowledge the climate action that is ongoing. Retrofitting, solar panels and the rehabilitation of bogs are very positive and the Social Democrats are very supportive of that. The fear is that if the Minister continued with a reduction in the levy to the Climate Action Fund, those things would stop and there would be no further bog rehabilitation and no further schools photovoltaic programme.
That is a very real concern and that is what this Bill allows. Importantly, the Minister said that it was specified in the Bill. I see no reference in this Bill to the Climate Action Fund - not one. It does not articulate the fact that this levy goes to climate action. It goes to the Climate Action Fund. That is not in this Bill.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-03-25/debate/main
Retrieved: 2026-08-14T04:54:47+00:00
Sitting date: 2026-03-25