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As oil slumps, Norway explores new fields in the Arctic:
But the move does make you look askance at Norway. This week, MPs in the super-rich oil nation are expected to vote against further protection of one of the world's most important biological hotspots, so enabling continued exploration in the Barents Sea.
This comes off the back of a pledge to delay more than $10bn in taxes for petroleum companies, to spur investment which will help fund drilling in a uniquely biodiverse area called the marginal ice zone.
[...] But then Norway is environmentally at odds with itself.
You have the oil that made it one of the richest nations on earth. Then walk around Oslo and you will see electric cars all over the place - in fact, three out of four cars now sold in Norway are either wholly or partially electric.
And 98 percent of Norway's electricity comes from renewable energy, of which hydropower is the main source. The nation talks highly of its own sustainable prowess. And well it might.
But all those fossil fuels Norway extracts? They go overseas. The nation may not emit too many greenhouse gases, but it exports them on a colossal scale. Norway's wealth is someone else's smog.
Perhaps Norwegians welcome global warming?
(Score: 3, Insightful) by oumuamua on Friday June 19 2020, @03:42PM (2 children)
The Middle East invented the oil export game, guess they don't want anyone else to play and BTW the US now plays it as well: https://www.bloomberg.com/news/articles/2019-11-29/u-s-posts-first-month-in-70-years-as-a-net-petroleum-exporter [bloomberg.com]
Don't blame the player, blame the game: as long as there is demand the oil will flow
(Score: -1, Offtopic) by Anonymous Coward on Friday June 19 2020, @04:57PM
The middle east is owned by Israel, whose capitol just got moved to Jerusalem. Jerusalem was supposed to be international territory but now its held in Trust by King Felipe VI of Spain. Compare the goat to that whore to Babylon, the Mountbatten matriarch.
https://upload.wikimedia.org/wikipedia/commons/1/12/Coat_of_Arms_of_Felipe_VI_of_Spain_%28Chivalric_design%29.svg [wikimedia.org]
(Score: 2) by HiThere on Friday June 19 2020, @07:08PM
Don't think so. IIRC back in the 1920's or so Pennsylvania was big in the petroleum exporting business, and the Middle East hadn't started yet. (I'm a bit fuzzy on the dates. That was my grandfather's story. Of course, he might have been talking about HIS father, because what I remember him telling about his personal experiences it was in the oil fields of Oklahoma.)
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