Social Media Sidebar

Announcement

Please sign up, comment on articles and bring your friends!

Current poll

PlanetTech is asking:

What do you think about our new web site?

Love it, indeed
Really good solution
Same as old one
The old one was better
This is a new option

Quote of the day

We are all now connected by the Internet, like neurons in a giant brain.

 

Stephen Hawking

 

Ireland votes to be world’s first country to fully divest from fossil fuels

RATE THIS! +46
Posted in Science on 27th Jan, 2017 06:05 PM by AlexMuller

Ireland may become the world’s first country to fully divest from all fossil fuels. The country’s parliament just passed “first-of-its-kind fossil fuel divestment legislation” with a majority vote. The historic bill could enable Ireland to fully divest their sovereign wealth fund, which is worth around $8.5 billion, from oil, gas, and coal.

 

Fossil Free Europe and Trócaire reported today that the bill passed in the Irish parliament’s lower house, the Dáil. Fossil Free Europe described the event as “an important moment in the history of the divestment movement.”

 
Trócaire Executive Director Éamonn Meehan said in a statement, “The Irish political system is now finally acknowledging what the overwhelming majority of people already know: that to have a fighting chance to combat catastrophic climate change we must phase out fossil fuels and stop the growth of the industry that is driving this crisis.”
 
The bill is now headed for the committee stage, according to Trócaire and Fossil Free Europe, who noted last week all major political parties support it, except the Fine Gael political party..
 
Meehan thinks the move could send a powerful message to the rest of the world, as a climate change denier takes control of the White House, and said, “The support of a majority in the Dáil for this bill is an incredibly important moment for the climate justice movement in Ireland and will inspire other countries to follow our lead.”
 
A few years ago Norway’s sovereign wealth fund also made a move to divest from some fossil fuel companies, but not all; according to EcoWatch they still had billions in other fossil fuel companies.

Tags: energybusinessclean energyclimate change

Read original article » Back to category

Comments

Author: Guest
Posted: 2017-01-28
+1
Great news! Ireland is showing the rest of the world that our future depends on our responsible behaviour now
1 Replies
Author: Guest
Posted: 2017-01-28
+1
Yes, this is the main message of this decision. Climate change is a global phenomenon and phasing out and completely abolishing fossil fuels has to be done globally to have an impact Reply
Reply


 

Recent headlines

  • Posted in Science on 2017-04-28 18:56:10
    Martian Soil Could Be Used to Build a Colony..read more
    Posted in Business on 2017-04-28 18:45:58
    President Trump’s Tax Plan Would Give Alphabet $47B..read more
    Posted in Medicine on 2017-04-28 18:33:57
    Test may spot glaucoma before symptoms begin..read more
    Posted in Science on 2017-04-27 18:20:45
    The Next Journey To Pluto Is Now On Plot..read more
    Posted in Science on 2017-04-27 18:12:13
    Air pollution: 'Heart disease link found'..read more
Posted in Business on 2013-10-10 01:33
China is working towards a manned lunar mission in about.....read more
Posted in Business on 2013-10-20 07:17
Spacex says China is their main competitor for commercial.....read more
Posted in Software on 2013-10-20 06:43
Pirate Bay Browser Clocks 1,000,000 Downloads..read more
Posted in Medicine on 2013-10-10 02:10
Google reportedly investing hundreds of millions into new.....read more
Posted in Medicine on 2013-10-14 03:13
Endothelial Cells Can Repair and Regenerate Organs,.....read more
Posted in Science on 01.01.2010
Spacex says China is their main competitor for commercial.....read more
Posted in Science on 01.01.2010
Staring at Your Phone Could Be Making You Short Sighted..read more
Posted in Science on 01.01.2010
Oculus Rift virtual reality headset coming to mobile, but.....read more
Posted in Science on 01.01.2010
China is working towards a manned lunar mission in about.....read more
Posted in Science on 01.01.2010
Delivering drugs via nanoparticles to target mitochondria..read more

Recent Blog Posts

  • Posted by AlexMuller
    Nanoparticle vaccine shows potential as immunotherapy to fight.....read more
    Posted by AlexMuller
    Obesity is top cause of preventable life-years lost, study shows..read more
    Posted by AlexMuller
    Light can be utilized to control gene function..read more
    Posted by AlexMuller
    Brain stimulation restores memory during lapses, research shows..read more
    Posted by AlexMuller
    Wax worm caterpillar will eat plastic shopping bags: New.....read more

Login to your Account

Login to your PlanetTech Account here

Username:
Password:
Remember me
or

Create a New Account

You just need username and password

The following errors occured:
Username:
Email:
Password:
Verify password:
Remember me