Monday, November 20, 2017

Norway Idea to Exit Oil Stocks Is 'Shot Heard Around the World'

Fossil fuel and non-renewable energy are fast becoming loser investments. This is huge on a global economic scale, there will be a ripple effect. "The Nordic nation’s $1 trillion sovereign wealth fund said Thursday that it’s considering unloading its shares of Exxon Mobil Corp., Royal Dutch Shell Plc and other oil giants to diversify its holdings and guard against drops in crude prices. European oil stocks fell."
Source:
Norway Idea to Exit Oil Stocks Is 'Shot Heard Around the World'
http://ift.tt/2B4DVrZ
$1 trillion sovereign wealth fund may divest from fossil fuels Divestment movement suddenly has unparalleled momentum, heft Norway ’s proposal to sell off $35 billion in oil and...

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