The final report of the EPA-funded ‘Carbon Restore’ project shows that breathing new life into cut-away and degraded boglands would provide climate, biodiversity, water and economic benefits. UCD based Dr David Wilson led the ‘Carbon Restore’ project and it was carried out with the cooperation of Bord na Mona which own much of Ireland’s depleted … Read more
Bord na Mona has increased EBITDA by 12.6% to €72.7 million and profits after tax by 23% to €12.9 million for last year ending March 2011. Turnover was €382.1 million, marginally down 0.6% on the previous year. “We are on course to meet our growth strategy through diversification. We want to strengthen and streamline our … Read more
Members of the Joint Oireachtas Committee on Environment, Transport, Culture and the Gaeltacht are visiting the proposed locations for the €560 million eco water park and reservoir on the site of a 500 acre bog at Garryhinch County Offaly today (July 20th). The visit follows a meeting with Gabriel Darcy, chief executive of Bord na … Read more
Last year represented a significant milestone on the road to Bord na Mona’s 2015 target to co-fire its Edenderry power plant to a 30% level with biomass. In 2010, 110,000 tonnes of biomass material passed through the plant, representing a 12% co-firing rate. This leaves Bord na Mona on track to hit a 15% level … Read more
Bord na Mona has been confirmed as one of Ireland’s most reputable companies. The Reputation Institute recently conducted its RepTrak 2011 survey with over 3,360 people and examined more than 120 companies. Ranking was affected by whether respondents: *Admired and respected the company *Trusted the company * Felt good about the company * Believed the … Read more
The Government has announced details of a compensation package for turf-cutters in sites where continued turf-cutting is no longer possible for reasons of environmental protection. This follows the establishment of an independent Peatlands Council, as one of a number of decisions that the Government has made regarding the future management of peatlands in Ireland and, … Read more
A group of Irish business leaders has written to the Taoiseach asking him to bring the proposed legislation on climate change to the Oireachtas before the end of the year. ‘Irish Corporate Leaders on Climate Change’ say the legislation is urgent for a number of reasons. It will bring the clarity and certainty to government … Read more
An innovative water based eco-park with fishing, boating, cycling, water and leisure sports on 500 acres, with a major water storage reservoir, located on a former cut away bog, Garryhinch Bog, Co Offaly is the recommended solution to finding a new water source for the Greater Dublin area and supply water to Counties Meath, Wicklow, … Read more
Bord na Mona has reported a slight drop in operating profits from Eur23.8m to Eur23.0m for the year ending March 2010 on turnover down 4% to Eur384.0m. The operating profit margin edged up to 6.0% compared to 5.9% the previous year. “These figures reflect a very solid performance for Bord na Mona in a challenging … Read more