€2bn investment in green energy is required

{ "#" : "Ireland will need to invest €2 billion in green energy if the country is to achieve ambitious targets to reduce greenhouse emissions under the EU’s climate change strategy, according to ESB chief executive Padraig McManus," , "i" : "writes N

21st July, 2007

{ "#" : "Ireland will need to invest €2 billion in green energy if the country is to achieve ambitious targets to reduce greenhouse emissions under the EU’s climate change strategy, according to ESB chief executive Padraig McManus," , "i" : "writes Niamh Connolly."}

The ESB estimates that major environmental projects and research and development into offshore wind energy, wave and solar energy and the establishment of smart metering could run to €2 billion.

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