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Denmark scares off investors after energy agenda is jettisoned

  Bloomberg It was the first country ever to venture into offshore wind power. Now, Denmark is scaring off potential investors by abandoning some of the policies that once helped make it an international poster child for green energy. The center-right government of Lars Loekke Rasmussen wants to scrap an electricity tax that has helped subsidize wind turbines since 1998. ...

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Denmark should never consider following UK out of EU: PM

  Bloomberg Denmark will always belong inside the European Union no matter what the outcome of Britain’s June 23 referendum on its EU membership, Prime Minister Lars Loekke Rasmussen said. “I’m not blind to the fact that the EU makes mistakes,” Rasmussen said according to the text of a speech delivered on Sunday. “Decision making can be too slow and ...

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World’s biggest wealth fund faces dividend hit after oil slump

  Bloomberg Norway’s first-ever withdrawal from its $860 billion sovereign wealth may be bigger than planned. Here’s why: The government has yet to account for a potential decline in payouts from Statoil ASA, of which it owns 67 percent. The oil producer has introduced a scrip dividend, allowing investors to take stock in-lieu of cash. Norway has committed to keeping ...

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