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  • Article / 14 April 2016 at 16:34 GMT

    Norway excludes 52 coal companies from giant oil fund

    Consulting editor / TradingFloor
    Norway
    Norway excludes 52 coal companies from giant oil fund
    Norway's $863 billion sovereign wealth fund, the world's biggest, has excluded 52 coal-mining companies and coal-fired power producers from its investment portfolio under new criteria that spotlight coal as an environmental and climate problem. The divestments are of shares in companies in the US, China, India, Japan, the UK and eight other countries.
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    3y
    seas seas
    As if sucking the blood from the earth is not a problem.