The environmentally conscious are bemoaning the renewed controversy around the Dakota Access Pipeline, but there may be a silver lining overseas. In a decisive victory for the Earth, Ireland has become the world’s first country to completely divest from fossil fuels. In a 90 to 53 vote, the Irish Parliament passed legislation that will drop coal, oil, and gas investments from its $8.56 billion Ireland Strategic Investment Fund.
The bill was introduced by Deputy Thomas Pringle, and while it’s not officially law yet (it still awaits review by Ireland’s financial committee), chances of its ultimate passage are high. If it does pass, the law will require the Ireland Strategic Investment Fund to sell its investment in fossil fuel industries over the course of the next five years.
Read more: http://www.digitaltrends.com/cool-tech/ireland-divest-fossil-fuel/#ixzz4bEzRrv1A
