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The majority of residents in a small Spanish village last night voted in favour of growing cannabis to pay off municipal debt – but not the 75 per cent needed.
The financial crisis was sparked by a broken system. If we’re going to fix this we can’t leave it up to politicians, write Bronagh Geraghty and John Hughes.
Fine Gael TD Eoghan Murphy doesn’t want to see us drop the euro – but if it’s a choice between staying in the eurozone or keeping control of our domestic fiscal affairs…
Banks and property developers held the reins as the country galloped into economic crisis – and all because we put them in the saddle, writes historian Conor McCabe.
THE RATE OF RECOVERY in the eurozone lost some of its momentum this month, according to the purchasing managers’ index (PMI). The index surveyed 4,500 companies across the eurozone to gauge the pace of recovery. The rate fell from 56.7 points to 56.1 points in August, after accelerating for the first time in three months in July. Anything above 50 points indicates growth.
THE GOVERNMENT HAS committed to raising the amount of electricity generated from renewable sources from 30% now to 70% by 2030.
Minister for Communications and Climate Action Richard Bruton said new legislation will have to be introduced to deal with the move.
“It will mean that we will have to look beyond onshore wind and we will have to prepare now for a significant offshore wind capacity in our system,” Bruton said at the weekend.
Ireland has missed targets in the past and our performance in taking action against climate change was ranked the worst in Europe in a report published in December.
The Climate Change Performance Index ranked Ireland 48th out of 56 countries, with a score of 40.84, far below the EU average of 60.65.
Poll: Do you think Ireland will generate 70% of its electricity from renewable sources by 2030?
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