Ireland votes to halt public investments in fossil fuels

Ireland

That a country gives the first step in officially cutting The link with coal and oil is one of the first initiatives that must be taken so that more countries take an example and follow it. It seems surprising that after the COP held more than a year ago, it took us that long to know the future of a country in this regard.

Ireland took a step forward in removing coal and oil from the public subsidy landscape. This is because Parliament has enacted a bill for the country to cease investment in fossil fuels as a part of the 8.000 million of euros offered as government funds.

The measure still has to be reviewed before it becomes lawBut it would make Ireland the first nation to completely eliminate public funding for fossil fuel based energy sources. A great step without any doubt.

Even countries that have agreed to go withdrawing non-renewable energyAs Iceland may be, they could not say the same as what Ireland is about to achieve. The country that comes closest is Norway, which withdrew part of the investments already in 2015.

The bill was imposed by Congressman Thomas Pringle, who sees it as a matter of "ethical funding." It's a message to energy companies that both deny man-made climate change and politicians who look the other way, such as those under lobbies.

Ireland's decision will not have the greatest environmental impact given its relative size, but it is an aggressive move when many countries are not prepared or willing to stop supporting conventional energy.


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  1.   Joseph Ribes said

    I think there is a lot of voluntarism.

    1.    Manuel Ramirez said

      That's right, all in the face of the gallery… Greetings Josep!