NORWAY PENSION FUND DIVESTS FROM COAL AND OTHER CARBON EMITTERS
Norway's Government Pension Fund Global (GPFG) recently announced that it removed 114 companies from its portfolio in 2014 due to environmental and climate change concerns. The list included 32 coal mining companies along with tar sands operations, cement manufacturers, and gold mines. GPFG is worth about $850 billion and is the highest-profile institution so far to divest holdings due to climate change concerns. For the full story, see http://www.theguardian.com/environment/2015/feb/05/worlds-biggest-sovereign-wealth-fund-dumps-dozens-of-coal-companies.