Norway's oil fund ditches 52 coal and mining companies

The Norwegian sovereign oil wealth fund has released a list of mines and energy companies that it will no longer invest in, stating that they are too dependent on coal. The fund will, however, remain available towards companies willing to change.
Photo: Wintershall
Photo: Wintershall
BY RITZAU FINANS

Norway's oil fund, which controls capital worth USD 860 billion, has released a list of mines and energy companies which will be cut from the investment portfolio due to activities with coal, according to UK newspaper The Independent.

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