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Norway's sovereign fund doesn't invest in companies which only carry out exploration & production, and invests in fossil fuel companies only if they also fund r
by altacc 6y ago
Norway's sovereign fund doesn't invest in companies which only carry out exploration & production, and invests in fossil fuel companies only if they also fund renewable research (although that may be token efforts for some). In all that's about 6% of the fund. It also invests a lot in renewable focused companies. Not perfect, but steps in the right direction and Norway is very aware of the contradiction in it's energy usage and fossil fuel production.