Unintended consequences of Norway’s pension fund oil divestment

Nov 24, 2017
If implemented, this decision will be bad news for the fight on climate change
On November 14 Norges Bank governor Oeystein Olsen and Norges Bank Investment Management (NBIM) CEO Yngve Slyngstad sent a letter to the country’s finance ministry. In it they recommend dropping oil and gas shares from the portfolio index of the Norwegian government

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