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Don't forget the news from India early in the week: How India is...

  1. 52 Posts.
    Don't forget the news from India early in the week:

    How India is paving the way for an electric future

    "At the auto industry’s annual conference in early September, road transport minister Nitin Gadkari put auto makers on notice that they had no option but to switch to environment-friendly alternatives to petrol and diesel. They have to adapt “whether they like it or not”, he said."

    http://www.livemint.com/Industry/kD...is-paving-the-way-for-an-electric-future.html


    Also:


    Norway's $1 trillion wealth fund proposes to drop oil, gas stocks from index


    "If adopted by parliament, the fund would over time divest billions of dollars from oil and gas stocks, which now represent 6 percent — or around $37 billion — of the fund's benchmark equity index. The aim is to make the Norwegian government's wealth less vulnerable to a permanent drop in oil prices."

    https://www.cnbc.com/2017/11/16/nor...oposes-to-drop-oil-gas-stocks-from-index.html


    I wonder where the $37B is going to go ??!
    Last edited by roundtwo: 17/11/17
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