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British company keeps credibility by withdrawing investment from unethical oil sand
Wednesday, 14 March 2012 The UK ethical
equity fund, Ecclesiastical Investment withdraws from Norwegian Statoil
for its “unethical” investment in oil sands projects.
The fund backed
by WWF Norway believes that the project is both ethically and
environmentally indefensible. Statoil says that the controversial
mining is “necessary” for the world’s energy supply. Statoil has interest in the oil sands operations in Canada. By Scancomark.se Team
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