Dáil Éireann - Volume 482 - 18 November, 1997

Written Answers. - Fiscal Incentives.

156. Mr. Gormley asked the Minister for Finance whether he will introduce fiscal and spending incentives to assist the Irish economy in complying with the commitments contained in Sustainable Development, A Strategy for Ireland in order to encourage investment in renewable energy. [19585/97]

Minister for Finance (Mr. McCreevy): The question of fiscal incentives for this area, if appropriate, is a matter for consideration in the context of the budget and Finance Bill.

In regard to spending incentives, the alternative energy requirement — AER — series of alternative energy support initiatives which are funded by European Regional Development Fund moneys under the Operational Programme for Economic Infrastructure, 1994-99, and administered by the Department of Public Enterprise are designed to develop renewable and alternative sustainable energy systems and sources. [1661]