Green machinery could save State millions in CO2 credits

THE Government could save millions of euro of taxpayers’ money by investing in energy efficient technology, it was claimed yesterday.

The business and employers’ federation IBEC said that greener machinery could go a long way to cutting carbon dioxide emissions and also ensure that Ireland paid out less in carbon credits under the Kyoto protocol.

As part of the scheme, countries which fail to meet targets, set out to cut emissions, must buy credits according to the amount of carbon which they pump into the atmosphere.