41–50 of 172 posts
Norway is perhaps the best run petro state in the history of the world. To avoid Dutch Disease, whereby an economy becomes dependent on a particular commodity, Norway long ago decided to invest its considerable oil wealth in assets located outside of Norway, building a massive sovereign wealth fund that will provide income to Norwegians long after the oil is all gone. Compare this situation to Nigeria, whose similarl…
> Moreover, the government has recently decided to expand exploration and production of gas and oil in one of the areas that the very same government acknowledges are most sensitive to climate change — the Arctic Circle. I believe this is the most egregious charge in the article, which turns out to be true https://europeangreens.eu/news/norway-opens-arctic-more-dril...
> It is therefore of huge concern that the Norwegian Ministrer of Petroleum and Energy, Tord Lien from the Progressive Party (FrP), is set to announce the opening of the 23rd licensing round for exploration in 57 new drilling locations in the Arctic, further north than ever.
-- From your link
> Moreover, the government has recently decided to expand exploration and production of gas and oil in one of the areas that the very same government acknowledges are most sensitive to climate change — the Arctic Circle. I believe this is the most egregious charge in the article, which turns out to be true https://europeangreens.eu/news/norway-opens-arctic-more-dril...
If they want to make the biggest impact they should still sell the oil but invest in technology that might mitigate climate change. Playing defense when your overall impact on climate change is so small is a poor choice.
They're the world leader in electric cars, for example.
The thrust of the article is that somehow they should change worldwide oil production (which they have little control over) rather than domestic oil use (which they are working on with relative success).
Simply put, the writer is either completely mad or a cynical shill of some sort.
The United States is the world's largest producer. Canada is about fourth. Norway is about 11th. The United Kingdom is about 17th. The "Western world" accounts for a bit over 25% of the world's total production. If they all banded together to stop domestic oil production, that could have a big impact. But maybe other countries would just increase production? And maybe higher prices would spur more exploration? I don'…
How would you cope with food prices rising 10x in cost ? And the famines ? And the breakdown of law and order accompanied with the failure of most industry and the military. ? Please propose a solution along with your oil-ban utopia.
Norway is a tiny country, they are largely irrelevant as far as their consumption habits go regarding climate change at large. They are not even a particularly large exporter of oil, outside of top 10 I think. The other countries mentioned are much bigger, not to mention that Nigeria is going to see massive population growth this century. You don't want a country that's projected to have 800 million people to get add…
Norway is the 13th biggest oil producer in the world, and outside the Middle East the 1st per capita. If you were looking for changes from the first world, you'd start there. I agree that non-first world countries are the where you'll see the most growth in oil consumption.
> Moreover, the government has recently decided to expand exploration and production of gas and oil in one of the areas that the very same government acknowledges are most sensitive to climate change — the Arctic Circle. I believe this is the most egregious charge in the article, which turns out to be true https://europeangreens.eu/news/norway-opens-arctic-more-dril...
The Arctic Circle being "most sensitive to climate change", doesn't mean drilling for gas and oil in the Article Circle is a cause or any significant factor to this sensitivity (over drilling anywhere else).
In other words:
(1) oil and gas can cause/contribute to climate change
(2) The Article Circle might be most sensitive to climate change
(3) Drilling for gas and oil and thus increasing production will contribute to climate change (after that oil is consumed)
(4) Drilling has impact of its own (like spills) that might damage the Article Circle
But that doesn't mean that drilling in a sensitive to climate change area incurs any more climate change impact to that area over drilling in SA or Texas or wherever.
Climate change impact is about the increased production - not about where the drill happened.
The United States is the world's largest producer. Canada is about fourth. Norway is about 11th. The United Kingdom is about 17th. The "Western world" accounts for a bit over 25% of the world's total production. If they all banded together to stop domestic oil production, that could have a big impact. But maybe other countries would just increase production? And maybe higher prices would spur more exploration? I don'…
How would you cope with food prices rising 10x in cost ? And the famines ? And the breakdown of law and order accompanied with the failure of most industry and the military. ? Please propose a solution along with your oil-ban utopia.
The United States is the world's largest producer. Canada is about fourth. Norway is about 11th. The United Kingdom is about 17th. The "Western world" accounts for a bit over 25% of the world's total production. If they all banded together to stop domestic oil production, that could have a big impact. But maybe other countries would just increase production? And maybe higher prices would spur more exploration? I don'…
How would you cope with food prices rising 10x in cost ? And the famines ? And the breakdown of law and order accompanied with the failure of most industry and the military. ? Please propose a solution along with your oil-ban utopia.
EDIT: John Deere has done some interesting work with electrified tractors and other farm implements, including finding ways to avoid using a battery (with an autonomous tractor using a cable): https://www.futurefarming.com/Machinery/Articles/2020/3/John...