Norway’s national pension fund has sold off Euro 1.8 bn in tobacco shares, citing ethical reasons. The individual investor can also opt for ethical investments, with over 100 ethical funds now available.
Posts Tagged ‘Renewable Energy’
Norway pension fund stubs out tobacco for ethical investments
Monday, February 1st, 2010Pre-Budget Report favours renewable energies
Wednesday, December 9th, 2009The Chancellor has announced in his pre-budget report an additional £400m in funding for low-carbon growth initiatives and carbon reduction initiatives at domestic level.
This brings to over £15bn the amount of private and public investment in the low-carbon and renewable energy sectors over the next three years.
Ethical tax on financial transactions could fuel renewable energy
Friday, December 4th, 2009An ethical tax designed to raise up to 20 billion euros a year could be the key to funding renewable energy projects in the world’s poorer regions, according to proposals by the French delegation to the United Nations Climate Change Conference in Copenhagen next week.
The French concept of a ‘justice-climate’ plan could be funded by a tax on financial transactions, similar to that once proposed by the Nobel prizewinning economist James Tobin.
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