The Irish parliament has voted in support of fossil fuel subsidies . “We are glad the bill has progressed to Committee Stage The Bill , the first of its kind , calls for the Irish Strategic Investment Fund ( ISIF ) to divest its sovereign wealth portfolio from coal , oil , and gas . The ISIF is worth over € 8bn ( $ 8.57bn ) . The Bill , supported by 90 votes to 53 , will now proceed to the Committee Stage .
The Irish parliament has voted in support of fossil fuel subsidies . The Bill , the first of its kind , calls for the Irish Strategic Investment Fund ( ISIF ) to divest its sovereign wealth portfolio from coal , oil , and gas . The ISIF is worth over € 8bn ( $ 8.57bn ) . The Bill , supported by 90 votes to 53 , will now proceed to the Committee Stage .