Seanad debates

Wednesday, 14 November 2018

Fossil Fuel Divestment Bill 2016: Second Stage

 

10:30 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

I welcome the Minister of State. To put the matter in context, we are looking to get our fossil fuel carbon emissions down by 2020 and 2030; it is only correct, therefore, that Government and investment policy interlope with that objective. I welcome the Bill in that regard. We obviously want to move toward significant reductions in emissions across a range of areas. I refer to the Strategic Investment Bank and the NTMA which the Minister of State also referenced. In that context, I welcome the Bill. The key feature is that it will be transparent at all times such that people will be able to see exactly where their taxes are being invested. I commend the Bill to the House.

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