260 Mr. Eamon Ryan asked the Minister for Finance if he will consider giving direction to the National Treasury Management Agency to divest the estimated €47 million shareholding in ExxonMobil corporation which is held within the National Pensions Reserve Fund and to reinvest the same money in renewable energy companies; and if the Government shares the concern of environmental groups about the refusal of the ExxonMobil corporation to accept the science of climate change, their failure to invest in new renewable energy technologies or to pay the €7 billion fines for the Exxon Valdez oil disaster which occurred in 1989. [11177/04]

Summary

260 Mr. Eamon Ryan asked the Minister for Finance if he will consider giving direction to the National Treasury Management Agency to divest the estimated €47 million shareholding in ExxonMobil corporation which is held within the National Pensions Reserve Fund and to reinvest the same money in renewable energy companies; and if the Government shares the concern of environmental groups about the refusal of the ExxonMobil corporation to accept the science of climate change, their failure to invest in new renewable energy technologies or to pay the €7 billion fines for the Exxon Valdez oil disaster which occurred in 1989. [11177/04]

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