07.11.2013 - Norway’s Labour Party wants wealth fund banned from coal investing
Reuters reported that Norway’s opposition Labour Party would like to see the country’s $800-billion wealth fund banned from investing in coal producers. A spokesperson said that the party believes “humans are responsible for climate change so we must also see what we can do to reduce emissions.” As quoted in the market news: The fund, the world’s largest sovereign wealth fund, is a major shareholder in some of the biggest coal miners on the planet, including global giants BHP Billiton , Vale and Anglo American, as well as China’s top producer, China Shenhua ...............................................Full Article: Source
Print