Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

"The groundswell that’s been building around the planet for divestment derives its power from everyone working together toward the same end." (Photo: Screenshot/Twitter)

"The groundswell that’s been building around the planet for divestment derives its power from everyone working together toward the same end." (Photo: Screenshot/Twitter)

Irish Parliament Makes History With Vote to Divest Country Fully From Fossil Fuels

Ireland today becomes the first country in the world to have voted to fully divest itself from the fossil fuel companies responsible for the climate crisis

Bill McKibben

I’m writing this with a Guinness clutched in one hand, because today the government of Ireland gave us big reason to celebrate: it became the first nation on earth committing to divest fully from fossil fuel companies. The bill is expected to become law by the end of this year, and Ireland’s €8bn sovereign fund will start ditching all its oil, coal and gas assets.

Irish activists have done amazing work to make this happen—I’ve watched with awe as activists from environmental groups and the Catholic social justice movement have transformed the debate in the country.  But every one of you can take a little credit: the groundswell that’s been building around the planet for divestment derives its power from everyone working together toward the same end. It’s all one big fight.

Share this incredible breaking news on Facebook right now:

Or on Twitter here:

And we’re winning more and more of that fight. The year began with New York City divesting—but it’s continued with huge wins at universities and in cities around the globe. Just yesterday Queens College Cambridge, where Erasmus went to school in the 1480s, divested. A few days earlier it was the entire Church of England threatening to divest from fossil fuel companies, if they don’t align with the Paris Agreement by 2023: we know already they won’t.

And better yet, Shell officially noted in its annual report last month that divestment has come to pose a material risk to their business.

Yesterday our friends at the Institute for Energy Economics and Financial Analysis issued a detailed report that’s a godsend for everyone still working to convince their college, church, or city to commit to go Fossil Free—it shows that oil companies are a bad investment.

I know that it’s a lousy moment right now—Trump is taking America backward, and trying to force the rest of the world to go with him. That’s why we need to celebrate big wins when we get them. We’re fighting for the zeitgeist—for the vision of the future. And today anyway we’re winning.

And Guinness really does taste delicious.


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
Bill McKibben

Bill McKibben

Bill McKibben is the Schumann Distinguished Scholar at Middlebury College and co-founder of 350.org and ThirdAct.org. His most recent book is "Falter: Has the Human Game Begun to Play Itself Out?." He also authored "The End of Nature," "Eaarth: Making a Life on a Tough New Planet," and "Deep Economy: The Wealth of Communities and the Durable Future."

We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.

UN Chief Denounces Shelling of Ukraine Nuclear Plant as 'Suicidal'

To avert a public health calamity, Ukrainian officials are calling for the Zaporizhzhia site to be demilitarized and run by a team of peacekeepers.

Kenny Stancil ·


Big Pharma Bemoans 'Tragic Loss' as Democrats Take Modest Action to Curb Drug Prices

Patient advocates, meanwhile, applauded passage of the Inflation Reduction Act as a "historic victory for consumers and a historic defeat for Big Pharma's monopoly control."

Jake Johnson ·


Sanders Says Senate Bill 'Nowhere Near' Enough as Dems, GOP Tank His Amendments

The Vermont senator nevertheless supported final passage of the Inflation Reduction Act, calling it "a step forward" on climate and drug prices.

Jake Johnson ·


Senate Barely Approves Scaled Back Legislation on Climate, Taxes, Healthcare

But thanks to Senator Kyrsten Sinema (D-AZ), there was a huge, last-minute win for the private equity and hedge fund industries

Common Dreams staff ·


'What the Hell is Wrong With Them': GOP Senators Kill $35 Cap on Insulin

'Republicans told millions of Americans who use insulin to go to hell.'

Common Dreams staff ·

Common Dreams Logo