The energy revolution

The energy revolution

It was a symbolic step. Last month, Norway’s sovereign wealth fund, built up over decades from the country’s own energy resources, proposed dropping its investments in oil and gas stocks. The trillion-dollar fund is far from the first to begin shying away from oil and gas investments in its attempt to protect the nation’s wealth from a permanent drop in the oil price. But the move demonstrates how mainstream it has become to think of environmental risk when considering investment opportunities.

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