Norway’s parliament has formally endorsed the move to sell off coal investments from its $900bn sovereign wealth fund, the world’s biggest.It is the largest fossil fuel divestment yet, affecting 122 companies across the world, and marking a new success for the fast-growing and UN-backed climate change campaign... Svein Flaatten, of the governing Conservative party, said coal investments were both a global warming risk and financial risk. A global deal to cut carbon emissions at a crunch UN summit in December could leave some fossil fuel reserves unburnable and worthless...“This is the biggest divestment from coal in history and it should pave the way for other investors and countries to follow suit,” says Truls Gulowsen, head of Greenpeace in Norway...[Refers to Anglo American, Axa, BHP Billiton, Dong, Drax, Duke Energy, E.ON, Enel, RWE, Vattenfall]