Norway Green Party Builds on Wealth Fund Win to Ban Oslo From Fossil Fuels

摘要

Norway's Green Party is forcing the capital city's $9.3 billion pension manager to sell out of fossil fuel companies, building on momentum from helping reshape guidelines for the nation's $860 billion sovereign wealth fund. The party surged in municipal elections in September, winning 8.1 percent of votes in Oslo, making it the nation's third-largest party. Now for the first time they will form a government with the Labor Party and the Socialist Left. "Oslo will take responsibility for the climate, both through our own policies and our investments," Lan Marie Nguyen Berg, first candidate for the city's Green Party, said in an Oct. 19 e-mailed statement.