"Norwegian pension fund to divest from coal", 29 May 2015

 Environmental groups have welcomed the Norwegian parliament's decision, saying it shows how lawmakers have responded to public pressure in the global fight against climate change."This is very important and will send a very strong signal to coal burning and mining companies all over the world," Truls Gulowsen, head of Greenpeace Norway told DW. "The fund is one of the world's top 10 largest investors in the global coal industry, so this will have a real impact." Greenpeace estimates that new regulations would result in around $5 billion (4.6 billion euros) being pulled out of the coal sector... "This is a clear signal to those who use coal that they have to look at other forms of energy," Hans Olav Syversen of the Christian Democrats told public broadcaster NRK...Greenpeace and others were calling for a second criteria for divestment, by volume of coal - saying that the fund would still invest in the world's three largest private coal-mining firms... Activists say the global campaign to divest from fossil fuels is gaining momentum, with ever more pension funds, charities, faith groups and universities pulling out of companies that contribute to carbon emissions.