Good old oil ...
The unique Norwegian fund was set up to invest government revenues from fossil fuel industries into sectors deemed more sustainable in order to provide for a future when the country can no longer rely on its income from oil. The Norwegian government is free to use up to three percent of the fund's volume annually for social purposes – that number currently amounts up to $33 billion.
https://www.weforum.org/agenda/2021/02/biggest-sovereign-wealth-funds-world-norway-china-money/
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Peter Batten, MD
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