Americas: Access denied

Author: | Published: 24 Apr 2017

In many cases, what's ethical isn't economically viable – the opposite rings true as well. But sometimes it's in the economic interest of everyone involved to act ethically and take the road less travelled. And it would appear that when fossil fuels are involved, this is more pertinent in Norway and the Netherlands than in the US.

This month, several Norwegian investors said they would divest their stakes in the hotly contested Dakota Access Pipeline, and backed away the project. DNB, the country's largest bank, and KLP, a $69 billion pension fund, both sold their holdings in the project, and have since added they will...