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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments, Trends

Norway’s opposition wants $800 bln wealth fund banned from coal

Posted on 06 November 2013

Norway’s opposition Labour Party has proposed banning the country’s $800 billion wealth fund from investing in coal producers, a motion that may gain traction as several outside backers of the minority government expressed support.
“We believe that humans are responsible for climate change so we must also see what we can do to reduce emissions,” Labour Party finance spokesman Jonas Gahr Stoere said in a statement………………………………………..Full Article: Source


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