Ireland to become first country to divest from fossil fuels

Mother Nature Network

“The [divestment] movement is highlighting the need to stop investing in the expansion of a global industry which must be brought into managed decline if catastrophic climate change is to be averted,” said Thomas Pringle, the independent member of parliament who introduced the bill. “Ireland by divesting is sending a clear message that the Irish public and the international community are ready to think and act beyond narrow short-term vested interests.”

While Ireland is the first country that plans to completely divest itself of fossil fuels assets, Norway has divested from some coal companies, and cities around the United States, including New York, Seattle and Washington, D.C., have made steps to divest their government and pension funds of fossil fuel assets. Read more here. 

Photo by Mother Nature Network: The Cliffs of Moher

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