Global Eco Watch by Joyce Metayer
While the United States has put a climate change denier in charge of the country, elsewhere across the ocean leaders are acting responsibly. With a majority vote, a bill that will enable Ireland to divest all of its sovereign wealth fund away from oil, gas, and coal, was passed in the Irish parliament. The fund is worth more than 8 billion euros. All that now stands before the bill’s final approval is the committee stage, which according to Trócaire and Fossil Free Europe should pose no problem since almost all major political parties support it, except the Fine Gael political party.
“The Irish political system is now finally acknowledging what the overwhelming majority of people already know: that to have a fighting chance to combat catastrophic climate change we must phase out fossil fuels and stop the growth of the industry that is driving this crisis, said Éamonn Meehan, the Trócaire Executive Director, an Irish charity striving to overcome the challenges of poverty and injustice.”
Once the bill passes, Ireland will officially become the first country to divest from fossil fuels. Norway also divested its sovereign wealth fund away from coal, which is worth $900 million, but the country still has financial assets tied to oil.
Such remarkable leadership will likely inspire other countries to follow suit just as how the divestment movement, which first appeared in 2011 with modest supporters, has now grown into a genuine phenomenon. Many big companies, NGOs, cults, and municipalities have divested away from stocks and bonds tied to fossil fuels. As of December, 2015, a staggering $3.4 trillion has been divested away from fossil.
“The support of a majority in the Dáil for this bill is an incredibly important moment for the climate justice movement in Ireland and will inspire other countries to follow our lead,” Meehan said.
~ On Sunday, May 8, Germany hit a new high in renewable energy generation. Thanks to a sunny and windy day, at one point around 1pm the country’s solar, wind, hydro and biomass plants were supplying about 55 GW of the 63 GW being consumed, or 87%. Power prices actually went negative for several hours, meaning commercial customers were being paid to consume electricity.
~ A group of youngsters just won a major decision in their efforts to sue the federal government over climate change. An Oregon judge ruled Friday that their lawsuit, which alleges the government violated the constitutional rights of the next generation by allowing the pollution that has caused climate change, can go forward.
~ This is how you install the most powerful wind turbine in the world Fascinating!
~ Iran’s renewable energy market blinks at investors I was hoping the Middle East would do this!!! Can you imagine keeping all that oil in the ground and covering the desert with solar panels? They can export energy in another form and help everybody.
~ Mapping how the United States generates its electricity – Coal and natural gas are the most common sources for electricity in the country, but coal represents a declining share. The new Clean Power Plan seeks to accelerate that trend by requiring power plants to cut carbon pollution levels and rewarding states and companies that embrace clean sources of energy. Story: White House set to adopt sweeping curbs on carbon pollution
~ A Stunning Scale Model of Our Solar System, Drawn in the Desert AMAZING!
~ 14 Mind Blowing International Borders From Around the World Borders – we have them everywhere, because we want to divide things up. But not all countries are alike, and not all borders are alike. Some are plain, even boring, some are difficult to pass through, while others you might not even see. Borders often highlight the relationship and differences between different countries, and here are some of the most spectacular and revealing ones.
~London has reached its yearly NO2 pollution lim it in just 8 days, and it’s being sued At 7AM local time last Friday, London officially breached the pollution limits set by the European Union for the entirety of 2016. It’s the fifth year in a row London has grossly surpassed its allowed limit for toxic nitrogen-dioxide gas (NO2) pollution. This is not just bad news for the environment, but also for its citizens. Regularly inhaling NO2 (which mostly comes from diesel fuels) has been linked to heart and respiratory problems. According to to a report by King’s College London for the local mayor’s office, it killed 5900 people in 2010 alone.