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March 8, 2019

After more than a year of deliberation, Norway’s Finance Ministry has recommended a partial step in selling select oil and gas stocks from its trillion-dollar wealth fund, the largest publicly held investment in the world. In a statement on Friday, Minister of Finance Siv Jensen explained the decision is meant to “reduce the vulnerability” of …

March 7, 2019

In 2017, headlines swirled over Norway’s trillion-dollar sovereign wealth fund and the proposed idea to sell off its oil and natural gas holdings. Now, nearly two years since the initial proposal was made, the Norwegian Finance Ministry is slated to make a final decision on the matter this Friday. Ahead of this anticipated announcement, here’s …

February 27, 2019

As divestment campaigners gather in Albany today to show support for State Senator Kruger and Assemblyman Ortiz’s divestment legislation, they’d do well to consider the words of an important detractor— the head of the pension fund, New York State Comptroller Thomas DiNapoli. For starters, DiNapoli is actually in charge of investment decisions for the New …

February 13, 2019

At a recent climate conference at Brown University’s Watson Institute for International and Public Affairs, Brown University president Christina Paxson doubled down on the prestigious university’s prior rejection of divestment and quashed any suggestion that she’d renew divestment efforts in the future. “Nope. Nope. We rejected that,” Paxson rebutted flatly when asked about Brown’s consideration …

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