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Thursday, December 2, 2021

Ireland will refrain from pressuring the US for further commitment on climate action

Minister for Finance Paschal Donohoe has said that he will refrain from pressuring the US into taking further action to tackle climate change as US Treasury Secretary Janet Yellen visits Dublin today.

Ms. Yellen will be visiting the Finance Minister today for a bilateral meeting at Government Buildings and both are expected to hold a press conference later today.

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They will proceed to partake in a meeting later today with US and Irish business leaders at an event at the Shelbourne Hotel in Dublin, hosted by the American Chamber of Commerce Ireland.

They will then head to Dublin Castle to deliver remarks at an event hosted by the Institute of International and European Affairs and the Department of Finance.

Donohoe, who has already met Yellen twice this year, said that he will not pressure the US into taking further action to tackle climate change while praising the close relationship between Ireland and Joe Biden’s administration.

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Donohoe stated, “I’ll be reviewing where we are in Ireland with regards to how we want to reduce our carbon emissions. And I think when we all need to do so much together, I think we should shy away really from making lectures or describing difficulties that other countries may have,”.

He said that President Biden and Yellen are “very much aware” of their country’s obligation in relation to reducing its carbon emissions.

Donohoe will not be attending COP26, however, he told RTÉ’s Morning Ireland, “The Finance Bill for the Budget is beginning this week. That Finance Bill includes measures to increase carbon taxation.”

He explained that these are the kind of “concrete and practical” contributions that can be made in regards to doing better from a carbon point of view.

“The breadth of Government ministers that are attending speaks to the importance that we place on what is happening in Glasgow. I need to bring in our budgetary legislation this week into the Dail, and given the fact that carbon taxation is a very important element of that I think my time is best spent doing that.”

IMAGE – Bundesministerium für Finanzen/”September 2017 FOMC Press Conference: _D” (Public Domain) by Federalreserve

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