Arbitration (Amendment) Bill 2025: Committee Stage (Resumed) Seanad Éireann — 2026-05-28 ============================================================ Thomas Byrne (FF), Meath East On the Energy Charter Treaty, again, what is happening here in this House is a conflation of two different systems. The system we are debating under CETA has been specifically designed with the experience under the Energy Charter Treaty and other agreements fully in mind. The Government has a regulatory impact assessment and it is publicly available to anybody. There are no costs to the State arising from CETA. In a case where it is determined that there has been a material breach, the ICS could require a state to pay monetary damages, but investors cannot be given compensation just because they have lost profits, sustained economic loss or incurred costs. --- Source: Houses of the Oireachtas. Licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). The Official Report is revised after first publication; the fetch timestamp below identifies the version quoted. Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2026-05-28/debate/main Retrieved: 2026-08-14T04:55:01+00:00 Sitting date: 2026-05-28