Saturday, 14 July 2018

Ireland Is Officially the First Country to Divest From Fossil Fuels

The rolling hills of Ireland.Photo: Giuseppe Milo (Flickr)
"The Irish have beaten the rest of us to it. The Republic of Ireland is the first country in the world to move toward divesting from fossil fuels. The divestment process should be wrapped up in five years, per the Guardian.
First, the move to divest has to pass through parliament, though. The lower house of parliament passed a bill Thursday to sell off fossil fuel investments in its $9.3 billion national investment fund, including those in coal, oil, gas, and peat, which is organic plant matter extracted from swamps."

The Guardian Article by Damian Carrington.

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