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Norway's wealth fund to divest from some oil companies

Mar 8, 2019
Norway’s $1 trillion sovereign wealth fund is planning to shed some of its oil investments. While the move has been celebrated as a big win by environmentalists, its motivations have more to do with economics than climate change. The Norwegian government, which gets 20 percent of its revenue from the petroleum sector, said Friday it […]
Navigator Ceres, a liquefied petroleum gas ship owned by Navigator Holdings Ltd., in Brevik, Norway, in March 2016.
Tomas Østberg-Jacobsen