Oireachtas Joint and Select Committees

Tuesday, 11 June 2019

Joint Oireachtas Committee on Communications, Climate Action and Environment

Financial Implications of the Petroleum and Other Minerals (Amendment) (Climate Emergency Measures) Bill 2018: Discussion

Photo of Eamon RyanEamon Ryan (Dublin Bay South, Green Party)
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It is true that if we are to live up to climate science, we must keep 80% of known reserves underground. We would keep shale oil reserves underground because the last 20% to be used would be the cheapest oil, probably from Saudi Arabia and other countries. Continuing to explore for more, when we know that four fifths must remain in the ground, is wanton environmental destruction - ecocide of the highest order. It must stop.