Book Launch of “Own Our Oil – The Fight for Irish Economic Freedom” – Today at the Royal Dublin Society

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Launch of Own Our Oil, from www.broadsheet.ie

OOOFinalI am pleased to announce that the book, Own Our Oil: The Fight for Irish Economic Freedom, published by Liberties Press, Dublin, was launched today at the Royal Dublin Society (RDS). The book is edited by economist, Eddie Hobbs, on behalf of the Irish NGO of the same name – Own Our Oil.

The book contains a chapter I was invited to contribute, entitled, ‘Resource Nationalism and the Public Trust Doctrine: A Constitutional Solution to Ireland’s Inequitable Oil and Gas Regime’.  An summarised copy of the book is now available for download from Own Our Oil – and the full version of the book can also be downloaded for free from Trinity College Dublin. The following is the description, from the Liberties Press web site:

Own Our Oil: The Fight for Irish Economic Freedom is an anthology of essays that packs a punch. The team of multidisciplinary writers led by Eddie Hobbs describe how Ireland’s leaders have, over several decades, built a system that has been excessively generous to the oil and gas industry abroad. To remedy this, Hobbs and his team propose a new approach to regulate and tax this lucrative industry, so that Ireland can benefit from Irish resources.

Seeking to emulate the Norwegian model of resource management, the book shows how we, as Irish citizens, can become empowered and regain control of our natural resources, demand a fair share of the profits and wisely allocate our gains. Own Our Oil: The Fight for Economic Freedom offers readers information on the latest developments in the international oil and gas arena and the potential economic upside of Ireland changing course and ‘getting it right’. This book is armed with a strong message,

When the herd stands together, the lion lies down hungry! Buy this book, sign it, pass it on!

 On Sunday, 9 November, Eddie Hobbs quoted from my chapter in his column in the Sunday Business Post – calling for a referendum on all natural resources, including water:

“The fundamental issue is Article 10 of the 1937 Constitution which alienates the Irish people from their natural resources and places ownership in the hands of the state. What is needed is a constitutional amendment that embeds public ownership of natural resources and that no longer prevents citizens from taking court action when the state, acting as trustee, behaves against the interests of the people.

The Chief Justice of the New Jersey Supreme Court, Andrew Kirkpatrick, summed it up as a basic human right in 1821: “The sovereign power itself, therefore, cannot, consistently with the principles of the law of nature and the constitution of a well ordered society, make an absolute grant of the waters of the state, divesting all the citizens of their common right. It would be a grievance which never could be long bourne by a free people.”

Precisely.

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