Putting Their [Big] Money Where Their Mouth Is

By now, most people have come to accept that the world's climate is changing dramatically. Global warming and several forms of extreme weather have taken hold and are wreaking havoc everywhere. You don't have to be a scientist to see and feel the significant changes taking place.

The use of fossil fuels is a major factor in these changes. Though we have known that for decades now, most countries have been reluctant to cut down on its use, or have done so in very slow fashion. There are many economic interests in preserving the status quo.

This is why it is worth noting that Norway has decided to divest its government pension fund from its investments in the coal industry. Given the fact that the fund amounts to $890 billion, it is no small or symbolic gesture, but a major practical step in the right direction.

The example has been set. Who will follow it?

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