Coal and bitumen: Why the Norwegian pension fund is ditching the oilsands

        October 7, 2019 CBC | Canada | fossil fuels: emissions

Norway’s largest pension fund (KLP) with about $100 billion in assets has sold off its oil-sands stock, valued at $77 million, likening harmful oil production emissions around Fort McMurray to coal. Cenovus Energy, Suncor Energy, Husky Energy, Imperial Oil, and Tatneft PAO (Russia) were affected. Athabasca oil sands produce 9.3% of Canada’s GHG emissions.