28/05/2015

Concerns Raised Over Future Of Bord Na Móna

Fianna Fáil has raised serious concerns over the future of Bord na Móna.

TD for Offaly, Barry Cowen, said decisive action is needed to secure the future of the firm.

Deputy Cowen made the comments following the appearance of Bord na Móna executives before the Oireachtas Joint Committee on Transport and Communications.

Deputy Cowen said: "Currently the Bord na Móna briquette factories in Littleton and Derrinlough have been mothballed due to an oversupply of fuel, largely due to the uncompetitive price of briquettes in Ireland as compared to Northern Ireland. This situation has come about as a result of the decision by the Government to include briquettes in the Carbon Tax.

"This decision has resulted in a hike in the cost of briquettes, with suppliers choosing to import cheaper fuel from the north. At the meeting I pressed Bord na Móna Chairman John Horgan to write to the Government to outline that the changes it introduced were short-sighted and need to be reversed. This is the only way that the future of the briquette factories in Littleton and Derrinlough can be secured."

(CD)

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