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A $20 Billion Danish Fund Won’t Remove Norway’s Equinor From Black List

Photographer: Carina Johansen/Bloomberg
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Equinor ASA just unveiled its most ambitious climate plan yet, but it isn’t enough to get Norway’s biggest oil company off the exclusion list of a major Danish pension fund.

State-controlled Equinor wants to make its production in Norway carbon neutral by 2050. Yet critics say it isn’t addressing the much more substantial pollution that comes from using the fuel after it’s exported.