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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Greens’ support for a sovereign wealth fund to quarantine mining proceeds deserves praise

Posted on 09 March 2011

From Theaustralian.com.au: Many business leaders are naturally skeptical of the policy positions the Greens adopt. The top three sovereign wealth funds globally each has more than $500 billion invested, and those proceeds are based on state revenue raised from oil production.
The United Arab Emirates, Saudi Arabia and Norway between them produce a large share of the world’s oil. Their governments are aware that resources are finite and if their populations are to have anywhere near the prosperity in the future that they do now, planning for a time when oil production diminishes is paramount……………………………………….Full Article: Source


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