Tag: Wealth Fund

Australia needs a sovereign wealth fund like Norway for the next boom – electrification – Michael West

What we need it would seem is not a Sovereign Fund but a Global one.(ODT)

When BHP calls nickel a once in a lifetime investment opportunity, it pays to take notice. At stake is the future of mining in Australia. So, it’s time to learn from history, writes Tosh Szatow. Let’s not squander the next boom, electrification, like the last, a minerals boom whose profits were whisked offshore by a cabal of multinational tax avoiders.

via Australia needs a sovereign wealth fund like Norway for the next boom – electrification – Michael West

Norway confirms $900bn sovereign wealth fund’s major coal divestment | Environment | The Guardian

 aerial view of Drax Power Station near Selby in North Yorkshire

Norway confirms $900bn sovereign wealth fund’s major coal divestment | Environment | The Guardian.