What does this mean exactly? Does this also mean no revenue sharing anymore of the profits from oil and gas production in Ireland? Or is this just a financial investment action (still significant I guess).
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It's just a financial investment action - selling the last €66m of FF investment in an €8 billion fund. However there's another bill, currently stalled in committee, that would ban all FF exploration in Ireland & Irish waters. But govn't is opposed and so it's unlikely to pass.
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Our Government in NZ has banned all new FF exploration and also within our maritime Economic Zone too. NZers are stepping up to make the hard decisions because we have to if we want to stop catastrophic climate change. And there’s still a very long way to go...
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Interesting! does anyone know if there is an overview of governments that have (partially) banned FF exploration and/or production already? or plans in the making? ideally the list would also show the estimated reserves they are giving up.
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New Zealand, Costa Rica, Belize and France...https://www.thejournal.ie/fossil-fuels-3839453-Feb2018/ …
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Thank You Ireland for showing us the way! Change is inevitable, lets all make it as positive and rapid as we can, since life itself rides on it. Lets create a
#GreenNewDeal and all#LiveAGreenLife.Thanks. Twitter will use this info to make your timeline better. UndoUndo
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This divestment trend is creating a very nice buying opportunity for FF stocks. After all, wind and solar are stll less than 1% of global energy
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Ireland might just be the most progressive nation in the world right now. They are really duking it out with Iceland. And Dublin is gloriously diverse these days. Being an English-speaking nation firmly in the EU was a very smart decision.
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Never been prouder of my Irish roots. This is how responsible leadership acts. We need more of it all around this globe. (Hear that, Donald?)
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Love this. Well played
#Ireland. If only other countries’ leaderships were as progressive, diverse and forward thinking.@theresa_may what say you?Thanks. Twitter will use this info to make your timeline better. UndoUndo
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Proud to be 50%
. Thanks @Ancestry !Thanks. Twitter will use this info to make your timeline better. UndoUndo
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It’s the way to go
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So, I'm curious, is peat a fossil fuel? Or is it "renewable". Either way, it's certainly not low carbon.
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Virtue signalling Bill .
@trocaire folk still fly around the world lobbying..And Ireland still relies on fossil fuels to keep the lights on. No wind energy for the last 3 weeks.Thanks. Twitter will use this info to make your timeline better. UndoUndo
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Get woke, go broke. Not that you should be "investing" your citizens' tax money in anything, but I'm sure this is one of many decisions that will cause Ireland to fall behind other nations once again.
#PotatoFamineTheReturnThanks. Twitter will use this info to make your timeline better. UndoUndo
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Wait: Germany burns
#Coal as ~half its#Nuclear plants are Off @WilleSmits'#Borneo#Orangutan#Sanctuary got new#MicroClimate as their#Rainforest grew :TED,com I bet DE's Summer#drought was caused by DE+EU burning so much#Coal Let's use MoltenSaltReactors MSR, this time!Thanks. Twitter will use this info to make your timeline better. UndoUndo
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A win for Ireland
@HozierThanks. Twitter will use this info to make your timeline better. UndoUndo
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