Ireland votes in favour of law to become world’s first country to fully divest from fossil fuels

Article originally published by Independent

Ireland has voted to be the world’s first country to fully divest public money from fossil fuels.

The Irish Parliament passed the historic legislation in a 90 to 53 vote in favour of dropping coal, oil and gas investments from the €8bn (£6.8bn) Ireland Strategic Investment Fund, part of the Republic’s National Treasury Management Agency. . . Once enacted, the bill would force the Ireland Strategic Investment Fund to sell its investment in fossil fuel industries over the next five years. . .