Greens Build on Wealth Fund Win to Ban Oslo From Fossil Fuels
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Norway’s Green Party is forcing the capital city’s $9.3 billion pension manager to sell out of fossil fuel companies, building on momentum from helping re-shape guidelines for the nation’s $860 billion sovereign wealth fund.
The party surged in municipal elections last month, winning 8.1 percent of votes in Oslo, making it the third largest party. They will now for the first time form a government with the Labor Party and the Socialist Left.