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
Thomas Pringle (Donegal, Independent)
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The definition, as it stands, does not include marketing, but it does cover storage. If there was a need to include marketing, it is something we could look at relatively easy on Committee Stage. There is a provision dealing with pooled resources and that the ISIF have a bundle of investments. This relates to the first part of the Deputy’s question. It may legally be tied to a period for them.
They will have to facilitate that period. It may be more than five years but the intent would be that those investments would not be renewed subsequently.