File - An RWE power plant run by coal from the brown coal open cast mine Garzweiler is pictured on August 5, 2013 in Immerath near Erkelenz, western Germany. AFP PHOTO / PATRIK STOLLARZ
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Norway's parliament voted Friday to pull its sovereign wealth fund – the world's biggest – out of coal, in what is seen as a major victory for environmentalists.Parliament voted unanimously that the fund – worth almost 7,000 billion kroner ($890 billion) – must sell its holdings in mining and power companies that generate more than 30 percent of their output or revenue from coal. However, environmentalists say effects could be more wide-reaching, with some estimates of 122 companies representing 67.2 billion kroner.
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