Monthly Archives: November 2016

Paris Agreement: €30bn Cost for Ireland

The Paris Agreement will cost Ireland more than €30bn. Although the Attorney General advised the Government that it is necessary to have an indication of the overall costs of complying with the Paris Agreement on climate change prior to Oireacthtas ratification[1] the Minister for Communications, Climate Action and Environment, Denis Naughten has yet to reveal the cost.

If the full costs, direct and indirect, are made known, as they were in Germany, similar excitement can be expected in Ireland. Peter Altmaier, Germany’s Environment Minister said that the transition to renewable energy may cost up to a staggering €1,000bn during … Continue reading...