Seanad debates

Friday, 9 July 2021

Climate Action and Low Carbon Development (Amendment) Bill 2021: Report and Final Stages

 

9:30 am

Photo of Fintan WarfieldFintan Warfield (Sinn Fein) | Oireachtas source

It is very disappointing that the Minister is unwilling to accept the amendment. This provision of the Bill is of great significance and has major ramifications for the fight for climate action.As has been mentioned, we need to future-proof against these investment courts. I will press the amendment that reads:

For the avoidance of [any] doubt, in order to limit liability, no remedy or relief by way of compensation shall be available to investors for any perceived expectation of profit with respect to actions taken of whatever kind to comply with any provision of this Act or any obligation or duty created thereunder.

As a legislator, I cannot for one minute allow this Bill to move on without pressing a vote on this amendment.

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