Norway’s PM says happy with sovereign fund’s coal exclusion rules

PARIS – Norway’s Prime Minister Erna Solberg on Tuesday said she had no immediate plans to toughen a rule that means a firm generating about a third or more of its income from coal is excluded from the country’s $1 trillion sovereign wealth fund. Norway’s parliament in 2015 ordered the fund, built on revenues from the country’s vast offshore oil and gas industry, divest from companies which derived more than 30 percent of their turnover…

"Norway’s PM says happy with sovereign fund’s coal exclusion rules"