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A World-First: Ireland Plans To Exit Fossil Fuel Investments Entirely

Ireland could become the first country in the world to quit fossil fuel investments completely, after the Fossil Fuel Divestment bill was passed by the country’s lower house, the Dáil Éireann. The BBC reports that Ireland’s Strategic Investment Fund will put an end to oil, gas, and coal investments in five years if the upper house of parliament passes the bill, which is expected to happen soon and without any problems. The fund, worth around US$10.4 billion, has an exposure of almost US$400 million (300 million euro) to…
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