If Ireland Can Get Out Of Fossil Fuels, Your Town Can Too

On Thursday, July 12th, a small, rainy island in the North Atlantic proved it was on the right side of history. The Republic of Ireland passed a bill to divest its $370 million worth of investments in around 150 fossil fuel companies within five years. Should the bill pass the Irish Senate in September, which it is expected to do, Ireland will become the first country to fully divest from fossil fuels. This action marks a huge step forward. For years now, neighborhood climate activists have pressured cities, universities, and governments to divest their holdings in fossil fuel companies. The idea is to defund and denounce the industry that contributes the most to climate change, funds climate denial, and prevents climate action. With its divestment bill, Ireland will join a group of almost 900 cities, universities, and governments that have collectively divested over $6 trillion from the extractive fossil fuel economy.
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