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Norway May Divest $35 Billion from Fossil Fuel Holdings

HeadlineNov 17, 2017

In climate news, the fossil fuel divestment movement got a major boost on Thursday when the Norwegian government announced it is considering selling off $35 billion in oil and gas stocks. Norway would become by far the largest entity to join the divestment movement. Norway’s $1 trillion sovereign wealth fund controls about 1.5 percent of all global stocks.

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