It's very simple7 Jan 2019 12:54
Look at all the licenses that Super Major, major and mid-tier O&G companies have bought into off shore Ireland.
Billions of dollars invested, many billions more to be invested. These will generate oil and gas supplies for Ireland, some energy independence and massive tax revenues going forward for the Irish exchequer . They have looked at the likes of the UK and Norway and their O&G industries with envy. Now it is their turn to reap the benefits.
An Taisce is a side show.
The authorities will never cave in to these pressure groups. They would lose all those revenues, the chance to set up a Sovereign Wealth Fund, the chance of hydrocarbon independence and they would be in court for decades as all the O&G companies took them to court for breach of contract and extracted massive compensation.
This sis a delay, nothing else.