Norway May Divest $35 Billion from Fossil Fuel Holdings

Editado por Pavel Jacomino
2017-11-18 16:29:15

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Oslo, November 18 (RHC)-- In climate news, the fossil fuel divestment movement got a major boost this week when the Norwegian government announced it is considering selling off $35 billion in oil and gas stocks.

Norway would become by far the largest country to join the divestment movement. Norway’s $1 trillion sovereign wealth fund controls about 1.5 percent of all global stocks.