Stage in Public Awareness around the globe. Companies involved in oil, coal, and gas are the target of mounting criticism. More than 70 of Greenhouse Gas emissions come from just 100 fossilfuel producers. The top five are petrochina, exxonmobile, bp, sinopec, and royal dutch shell. Investors used to love fossilfuels as a way to make lots of money. But now many are frightened of holding stranded assets. Investment is turning into divestment. Investorors are reversing cour, shedding stocks and bonds in coal, gas, and other climatekillers. Norway is taking it very seriously. Its Sovereign Wealth Fund is pursuing a program of divestment. How well is it working . Reporter norways Sovereign Wealth Fund has assets of nine trillion norwegian kroner. Thats roughly a trillion euros. Its known as the oil fund. It invests worldwide, and is run by the cenentral bank. Itasas set uin 1 199and isisow thlargesesfund of s kind in the rld. Thaim of t fund iso ensure itasreonsisiblmanagement ofsow rereven
Fair market value than in the last five years. That means the range of outcomes is also more in certain pair but i like the tailwind we have from the Oil Price Decline that we have seen in the last three or four months. I think that will make a good 2015 economy and. Foronsumer spending rising the biggest gain in three months in november. Hasworld bank of scotland suspended bonuses for 18 current and former traders as it reviews the Foreign Exchange business. Six employees already face disciplinary action. Three of them suspended pending investor gets him. Qualcomm could face a huge loss of revenue in china even as it tries to get paid. The Chinese Government pushing the chipmaker to accept lower royalty payments. Negotiations are ongoing. China would end its antimonopoly investigation of qualcomm. A few minutes ago, sony released sony announced it will release the interview to select theaters on chris mistake. Journalistsdy about hired to kill north Korean Leader kim jongun. More on s