Shockwaves are being felt far and wide: global investments in renewable energy capacity have outpaced investments in new fossil-based power generation for the last 3 years. Yesterday, the Norwegian Parliament decided that the world’s biggest sovereign wealth fund will divest from coal. Norway’s Government Pension Fund Global (GPFG), a US$900 billion petroleum-fed piggy bank, will divest from companies which get more than 30% of their income from coal extraction or coal power generation. Basically, the GPFG has placed coal where it belongs: in the same category as tobacco—another industry the fund is not allowed to invest in—which profits from harming … Continue reading From #DivestNorway to #NorwayDivests!