Environmental activists hoping to see a big push by Norway's $890 billion sovereign wealth fund into emerging market renewable energy and infrastructure projects are likely to be disappointed, according to a key Norwegian lawmaker. The government and Parliament are set to again review later this year whether to allow the fund to expand into infrastructure. But the conservative nature of the oversight framework will likely mean that it won't get too adventurous in where it puts its cash even if it gains more freedom, which the fund has also indicated.
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