The world’s largest wealth fund has dumped $3.3 billion in fossil fuel assets. Norway’s $1 trillion fund owns approximately 1.5% of the world’s listed stocks, having previously benefited from the country’s revenues from oil and gas production. The fund has now ditched companies with high activity in the coal sector to reduce its exposure to stranded fossil-fuel assets. Exclusion include coal miners Glencore and Anglo American; utility RWE; and oil producer Suncor Energy. It has also placed BHP Group, Vistra Energy, Enel and Uniper under observation. Brazilian Miner Vale SA has also been excluded from Norway’s Wealth Fund due to links with environmental damage. This came in spite of the company’s pledge to spend $2 billion on cutting its carbon…