Oireachtas Joint and Select Committees

Tuesday, 27 June 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Fossil Fuel Divestment Bill 2016: Discussion

4:00 pm

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

With regard to Trócaire, €131 million is a large sum but it does not equate to the national debt or anything like it. It is a relatively small amount to divest and potentially put into other companies. The Department and various other officials will put forward arguments. What message has Ms Finnan other than what was in her opening statement? People said the smoking ban could not work but it did. The plastic bag tax was introduced, which made a great deal of sense, despite objections. Pay-by-weight was implemented by many local authorities and much of the waste collected is not dumped. People recycle more and they are composting, thereby making their carbon footprint smaller. What is Ms Finnan's message to the people who say this should not be done or not just yet?

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