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Norway Can Lead Fighting Climate Change
2015-03-03 00:35:00| Climate Ark Climate Change & Global Warming Newsfeed
Huffington Post: Early this year, Norway put its toe in the global movement to drop investments in fossil fuel companies. Its sovereign wealth fund (the Fund), at $850 billion the world's largest, divested from 14 coal mining companies, five tar-sands oil producers and a few other companies heavily involved with fossil fuel. Late last year, an Expert Group appointed by Norway's Finance Ministry released a 71 page report addressing whether the Fund, as a responsible investor sensitive to the global threat of climate...
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