Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

The concern is that the definition of indirect investment in fossil fuels is so wide that it could catch so many areas in so many ways that are unintended. That is what we are saying. A fossil fuel company is any company whose business, either wholly or partly, engages in the exploration, extraction, refining, processing or delivery of fossil fuels. The figure we have put on this is that it could potentially catch up to €1 billion in indirect investment assets.