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Tag Archives: Norway wealth fund

World’s Biggest Wealth Fund Dumps $3 Billion in Fossil Fuels. Sells Canadian Oil Stocks.

Suncor energy plant

BLOOMBERG, MAY 13, 2020 Canada’s Suncor Energy and Imperial Oil were just two of the Canadian stocks that Norway dumped as they limit their fossil fuel exposure. By Stephen Treloar and Mikael Holter for Bloomberg – Norway’s $1 trillion wealth fund is doubling down on its climate action by making deeper cuts to its fossil fuel exposure. The exclusions span some of the world’s biggest …

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