No blank cheques to energy companies - Taoiseach

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Labour leader IvanaBacik also raises the issue of rising energy prices. She says the budget will mean the difference for so many families having to choose between heating and eating. | More:

The Taoiseach has vowed that Government will intervene to protect households and jobs as energy prices continue to rise, however he said Government cannot give a blank cheque to energy companies by capping household bills.The Sinn Féin leader described the Government's approach as completely wrong.She said energy credits planned by Government are flawed and a cap must be applied to electricity bills. Sinn Féin leader @MaryLouMcDonald raises the issue of rising energy bills.

Taoiseach @MichealMartinTD says"we are facing the worst global energy crisis" and says the Government will help people get through to the end of March with their energy bills. | More: https://t.co/gH4X7PbMQJ pic.twitter.com/iLfnzSHFI2 Ms Bacik also urged the Government to"act swiftly" to introduce an immediate windfall tax on energy companies to"target profits" and to"fund measures to alleviate hardship for families".

"The cost of production for that gas has not increased. But the price of gas it supplies is now costing multiples of what it did a year ago," she added. He said measures being examined by the EU"deal with the Corribs of the world" and"it makes absolute sense that we have clarity and a decision from the European Union in terms of the operation of the gas market and the mechanism they would deploy".

He said that while all options remain on the table, he was nervous about agreeing to set a cap and the Government stepping in to pay anything above that, no matter how high it goes.

 

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MichealMartinTD All fabricated by the WEF

ivanabacik When can we have the election so she looses her seat. Complete spanner

ivanabacik So much hot air. If we coukd bottle it we could export energy!

ivanabacik Are labour still going 😂😂😂😂

MaryLouMcDonald By her dress she must be feeling the chill already.

ivanabacik Remove all carbon taxes immediately.

MichealMartinTD All energy providers should be privatised. Cost to produce + re-investment = total cost / usage. Take the profits out of basic living needs.

MichealMartinTD “Weaponisation of war”

MichealMartinTD Weaponisation of war. This guy is clean run out of soundbites, he's making up nonsensical ones.

MaryLouMcDonald MM would argue with the Pope if he thought he’d score a point. He’s just malignant dirty politics all the way.

MaryLouMcDonald No way!!!

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