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

The answer is that ISIF is doing that anyway. It is divesting from fossil fuel investment. That is what we are hear to talk about. We believe it is best that it be done over the five-year period in line with existing policy. We are concerned that there are companies that could be excluded from funding by the indirect consequence of the definition. That is the main concern.

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