Norwegian divestment recommendation - Greenpeace response

In response to the Norwegian government’s divestment  recommendation , Charlie Kronick, Oil Campaigner for Greenpeace UK, said – 

“This partial divestment from oil and gas is welcome, but not enough to mitigate Norway’s exposure to both global oil and gas prices and the wider financial ramifications of climate change. However, it does send a clear signal that companies betting on the expansion of their oil and gas businesses present an unacceptable risk, not only to the climate but also to investors. While BP and Shell are excluded from the current divestment proposal, they must now recognise that if they continue to spend billions chasing new fossil fuels, they are doomed.”