Ireland Divests from Fossil Fuels

On Thursday the 12th of July 2018, the Green Party welcomed the passage of the Fossil Fuel Divestment Bill as historic, putting Ireland on the right path towards tackling climate change.

The passage of the Fossil Fuel Divestment Bill, that has been worked on by Thomas Pringle TD and his team, seeks to drop coal, oil and gas investments from the Ireland Strategic Investment Fund, meaning that Ireland will fully divest public money from fossil fuels.

The passage of this Bill sends a clear message- that the fossil fuel era is coming to an end. Investing in fossil fuels is unsustainable from an environmental point of view. It is becoming increasingly clear to people that it is also unsustainable from a business point of view, and an economic point of view. 

I commend Thomas Pringle TD for bringing this Bill to the Dáil, and I congratulate all the NGOs and environmental activists who campaigned in favour of it.  It is a historic move for the environmental movement in Ireland.