Fight Erupts Over Coal Ban at Norway's $1 Trillion Wealth Fund
This article is for subscribers only.
Norway’s $1 trillion wealth fund could face stricter limits on coal investments down the road, but a previously united push by the opposition to make it happen is showing cracks.
The opposition, led by the Labor Party, on Thursday instructed the minority government to review the restrictions on coal and consider a further tightening. Yet that fell short of earlier calls by Norway’s biggest political party to close loopholes that have allowed the fund to remain invested in companies with large coal or coal-related operations.