It’s a matter of some pragmatism. At least their sovereign wealth fund is trying. As much as I wish all nations would take more serious action on the issue, it would seem self defeating for a small nation to step out too early ahead of larger nations in cutting off a major source of revenue. Meanwhile, maybe they’re doing better with the profits for themselves and the world by directing their wealth fund as they are.

https://www.wsj.com/articles/norways-sovereign-wealth-fund-b...