NORWAY'S FUND RENEWABLE INVESTMENT
WSJ - Norway's sovereign-wealth fund is embracing renewable energy and winding down fossil-fuel investments.
The Scandinavian nation's parliament voted on Wednesday to instruct its $1 trillion fund to pull an estimated more than $13 billion from oil, gas and coal extracting companies and move up to $20 billion into renewable-energy projects and companies, representing around 2% of the fund.
The Government Pension Fund Global—which has around 6% of its holdings in fossil-fuel…
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