Fossil Fuels

Part of 1. Questions to the First Minister – in the Senedd at 2:15 pm on 30 April 2019.

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Photo of Llyr Gruffydd Llyr Gruffydd Plaid Cymru 2:15, 30 April 2019

(Translated)

I'm sure that people will be shocked by what the First Minister said earlier in response to Adam Price—that is, just 24 hours after declaring a climate emergency, that you say that that didn't necessarily mean that you needed a change of policy. Now, one policy that I would clearly want to see implemented is more encouragement for disinvestment, because there is much money in public sector pensions, particularly, invested in fossil fuel companies. I had a letter from the Minister for finance recently that said the Government would welcome local authority pension investors considering these issues. Can we have a far more unambiguous statement from Government, making it entirely clear that, if you look at the Well-being of Future Generations (Wales) Act 2015, these kinds of investments should not be happening?