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Norway is wealthy because of oil. Can it give up fossil fuels?

csmonitor.com

11–20 of 71 posts

Re: Norway is wealthy because of oil. Can it give up fossil fuels?

#11
post #2

Literally all they’ve been doing with that money is investing in sustainable power. I’m sure they’re fine.

Which just lets them export more of the dino stuff they extract. Good move if you can do it. Can they give up exporting it too though? I doubt that will happen.

If we don't export petroleum products, someone else will. Much of the money we earn from petroleum is spent on making "the green shift" happen. Can other exporters say the same?

Re: Norway is wealthy because of oil. Can it give up fossil fuels?

#12
"It might affect our own climate budget, but it’s not going to make a difference globally,"

"an end to Norwegian production would have a net negative effect on global emissions. Demand would stay the same, and cleaner Norwegian production would be replaced by other countries with higher emissions"

While these things might well be true, there is a distinct and corrosive 'hypocrisy factor' in Norway shifting it's society to sustainable energy, all paid for by continuing fossil fuel exports to the rest of the world.

Norway could prove it's green leadership credentials, and send a very clear rallying message to the rest of the world, by starting to shut down this industry, perhaps redirecting it to deep geothermal, etc.

Re: Norway is wealthy because of oil. Can it give up fossil fuels?

#13

Norway is an interesting case because their own energy grid is mostly powered by renewables. However, they export huge amounts of fossil fuels to other countries: > With their hydro-powered energy grid and electric cars, they are among the world’s most enthusiastic consumers of green power, but decades of exporting oil and gas means this nation of 5.3 million enjoys a generous welfare buffer, and sits on the world’s…

It's the drug dealer model: NEVER eat your own dog food.

Its worse than that. It is pretending to be against drugs while simultaneously being the biggest per capita seller of drugs.

Its “just say no” with cartel scale sales operations.

Re: Norway is wealthy because of oil. Can it give up fossil fuels?

#14

Norway is an interesting case because their own energy grid is mostly powered by renewables. However, they export huge amounts of fossil fuels to other countries: > With their hydro-powered energy grid and electric cars, they are among the world’s most enthusiastic consumers of green power, but decades of exporting oil and gas means this nation of 5.3 million enjoys a generous welfare buffer, and sits on the world’s…

While local production is mostly renewable, Norway also, at least on paper, sells much of it. Some European countries (like Germany) have imposed renewable mandates higher than local supply can support, so renewable energy has become worth more than "dirty" energy. You can arbitrage this difference by selling your clean energy through the European Energy Certificate System, and Norway is a prolific seller on that market.

Whether this matters depends on what you're counting. The main problem is that if you count this Norwegian electricity that Germany buys towards Germany's renewable energy percentage, you shouldn't also count it towards Norway's or it gets double-counted. One approach is to just ignore the EECS as fiction and only count local generation, in which case Norway does look fairly clean (and Germany less clean than some numbers would suggest). A different approach is to consider stuff sold on the EECS as actually swapped for other energy (at least on paper) and compute a "residual mix" after the sales. In that way of accounting, Norway doesn't have a very green residual mix: https://medium.com/@skloesch/why-norwegian-and-icelandic-and...

Re: Norway is wealthy because of oil. Can it give up fossil fuels?

#15

Earlier quoted context omitted.

Which just lets them export more of the dino stuff they extract. Good move if you can do it. Can they give up exporting it too though? I doubt that will happen.

If we don't export petroleum products, someone else will. Much of the money we earn from petroleum is spent on making "the green shift" happen. Can other exporters say the same?

We use oil for so many things and wont be able to terminate its use any time soon. One could even argue it is to valuable to just burn it.

Re: Norway is wealthy because of oil. Can it give up fossil fuels?

#16

"It might affect our own climate budget, but it’s not going to make a difference globally," "an end to Norwegian production would have a net negative effect on global emissions. Demand would stay the same, and cleaner Norwegian production would be replaced by other countries with higher emissions" While these things might well be true, there is a distinct and corrosive 'hypocrisy factor' in Norway shifting it's socie…

Which, if they did that starting today, would just mean that it'd be shifting its society to sustainable energy, all paid for by previously exporting fossil fuel to the rest of the world. Given that, and that Norway also has no other ready obvious alternative economic model to leverage to support its energy transition, this seems like an odd nit to pick and to further call "corrosive". On the contrary, this seems like exactly the sort of thing we should be wanting nation-states to fastidiously project and plan for and execute on.

Re: Norway is wealthy because of oil. Can it give up fossil fuels?

#17
post #2

Literally all they’ve been doing with that money is investing in sustainable power. I’m sure they’re fine.

Which just lets them export more of the dino stuff they extract. Good move if you can do it. Can they give up exporting it too though? I doubt that will happen.

> Can they give up exporting it too though?

How much would Norway lose if they pivoted to exporting plastics instead of crude oil for burning?

Re: Norway is wealthy because of oil. Can it give up fossil fuels?

#18

Norway is an interesting case because their own energy grid is mostly powered by renewables. However, they export huge amounts of fossil fuels to other countries: > With their hydro-powered energy grid and electric cars, they are among the world’s most enthusiastic consumers of green power, but decades of exporting oil and gas means this nation of 5.3 million enjoys a generous welfare buffer, and sits on the world’s…

It's the drug dealer model: NEVER eat your own dog food.

Don’t get high on your own supply!

Re: Norway is wealthy because of oil. Can it give up fossil fuels?

#19

"It might affect our own climate budget, but it’s not going to make a difference globally," "an end to Norwegian production would have a net negative effect on global emissions. Demand would stay the same, and cleaner Norwegian production would be replaced by other countries with higher emissions" While these things might well be true, there is a distinct and corrosive 'hypocrisy factor' in Norway shifting it's socie…

This is way down the list of problems with oil exporting nations. I just wish Australia would take the same approach as Norway.

Re: Norway is wealthy because of oil. Can it give up fossil fuels?

#20

Norway is an interesting case because their own energy grid is mostly powered by renewables. However, they export huge amounts of fossil fuels to other countries: > With their hydro-powered energy grid and electric cars, they are among the world’s most enthusiastic consumers of green power, but decades of exporting oil and gas means this nation of 5.3 million enjoys a generous welfare buffer, and sits on the world’s…

It's the drug dealer model: NEVER eat your own dog food.

Also weapons... Don't forget all the weapons...
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