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Arctic states to end foreign investment in coal

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Five Arctic states have joined the US in shutting down their government’s foreign investments in dirty coal power. Sweden, Norway, Denmark, Finland and Iceland joined the US in making the move after a meeting with President Obama in Stockholm.

This is important not only because of the likely reduction in the use of coal for power, but also in the message it sends that six Arctic states are working together and taking seriously their responsibilities to lead the way in taking action on climate change.

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