Norway wealth fund watchdog reviewing investment in U.S. pipeline firm

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The ethics watchdog for Norway’s $1 trillion sovereign wealth fund is reviewing allegations that U.S. pipeline operator Energy Transfer Partners may breach the fund’s investment guidelines. Under rules set by Norway’s parliament, any firm the fund invests in must meet guidelines related to the environment, human rights, governance and other issues. The Standing Rock Sioux tribe has said it could contaminate the Missouri River and said it threatens their sacred sites.


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