Jim Power
๐ค SpeakerAppearances Over Time
Podcast Appearances
revolution, which is well underway at this stage, how much damage would it do to foreign direct investment?
Because if you have multinational companies in this country who cannot build data centers because of energy constraints, I can understand that.
But they decide to build the data centers in Scandinavia, wherever.
Is there a possibility that eventually the rest of the investment, the IP assets, et cetera, will be moved out of the jurisdiction with significant negative implications for corporation tax and so on?
And OK, I fully accept the energy constraint.
OK, we just don't have the energy.
But to me, that's not the argument, I think.
It goes back to the point that we keep making.
We sure as hell have got to push on with the renewable energy agenda as a matter of national priority.
Yeah, no, absolutely.
No, that makes sense.
Absolutely.
But Timmy Dooley, the minister with responsibility here, was speaking at the launch of the report this morning and he was stressing just how committed the government is to pushing this data centre agenda to make sure that Ireland's digital infrastructure is up to the standard that this country requires for ongoing economic prosperity.
In response then to...
No, absolutely not.
Therein lies the problem.
Absolutely.
Yeah.
Chris, can I just wrap up on a little bit of data?
We got average early earnings today for the first quarter here in Ireland.