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Norwegian Government investments in coal and petroleum companies

Recently, "the Norwegian Ministry of Finance circulated (a) report from the Expert Group on the Government Pension Fund Global investments in coal and petroleum companies for a public hearing amongst Norwegian stakeholders. The Expert Group has evaluated whether the exclusion of coal and petroleum companies is a more effective strategy for addressing climate issues than the exercise of ownership and exertion of influence."  While not a citizen of Norway, in my comments, I respectfully reminded the Ministry that "All men are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly." 

Our research strongly suggests that investors and publicly traded companies must recognize the impact environmental incidents and issues have on a given firm's ability to use company assets and therefore generate revenue and profits.

See: https://drive.google.com/file/d/0Bx3S91AlzNJ4UUNsUk9MSXgtMlplNEI4c1VTRzRfSXFNcks4/view?usp=sharing&resourcekey=0-5W-_lLPhJfE0hraRkojaEA





  
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