Will Ireland’s vote to divest from fossil fuels make a difference?

Time to dump fossil fuels

Time to dump fossil fuels

Sasko Lazarov/Photocall Ireland/Trócaire/350.org

On 12 July, Ireland’s parliament voted for a bill that requires the country’s €8 billion investment fund to sell off all coal, oil and gas investments over the next five years. The bill has to be reviewed by a financial committee but is likely to become law soon.

Norway announced in 2015 that its massive $5 billion fund would divest, but only from coal. Ireland is set to become the first country to divest from all fossil fuels. The news has been greeted with …