There have been universities and companies that have completely divested from fossil fuels, but so far no country has done it. Ireland may soon be the first after a bill was passed to halt all public funding of coal, oil, and gas companies. The bill would require the nation’s massive Strategic Investment Fund to sell of all existing investments in fossil fuel industries by 2023. If the bill becomes law, Ireland will become the first country to completely divest from fossil fuels. Ireland isn’t the only country taking steps to distance themselves from fossil fuels. Norway divested nearly $8 billion from coal last year, and Sweden made a law just last month that mandates zero emissions by 2045.
Ireland looks to become first country to completely divest from fossil fuels
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