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Norway Wealth Fund Could Face Tighter Coal Ban Amid Review (1)

May 30, 2018, 3:16 PMUpdated: May 30, 2018, 4:35 PM

Norway’s $1 trillion wealth fund could face stricter limits on investing in companies involved with coal.

The country’s opposition parties are set to ask the minority government to explore further tightening the restrictions in a Finance Committee comment set to be revealed May 31, according to Svein Roald Hansen, a lawmaker on committee for the Labor Party, the biggest group in Parliament.

“Information has come forward that the fund is still invested in companies with a significant share of their business in coal, or coal related,” he said in a phone interview on May 30.

Labor led the opposition ...

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