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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

The World’s Biggest Oil-Dependent Wealth Fund Goes Full Libtard

Posted on 09 September 2016

Norway’s massive wealth fund said Wednesday it is divesting from one of the largest U.S. utilities over concerns it is not doing enough to reduce pollution. The country’s oil-dependent $900 billion sovereign wealth fund said it can no longer hold assets in Duke Energy, or its subsidiaries, primarily because of the utility’s supposedly poor track record handling coal ash left over from burned coal mixed with water.
U.S. courts ordered Duke to seal the ash basins at its North Carolina facilities in June. It notified the Norway fund’s Council on Ethics that the court order could not be fully put in place for another decade, maybe longer. The Council on Ethics did not respond well to the timeline………………………………………..Full Article: Source


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