Farouk al Kasim saved Norway from its oil (2014)
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Re: Farouk al Kasim saved Norway from its oil (2014)
#2[dead]
Re: Farouk al Kasim saved Norway from its oil (2014)
#3Farouk certainly played a role, but I long to see an exposé on the backchannels between elites during this period. It seems the great powers of the Global North wouldn't dare attempt to destabilize and usurp one of their own sovereigns.
People are too quick to blame "state-owned monopolies" when the development and success of any producer is dependent on the gatekeepers of the global oil marketplace.
Re: Farouk al Kasim saved Norway from its oil (2014)
#4Disclosure: I'm a Swede who previously worked in various primarily Norwegian-owned software companies for two decades. I'm mostly happy about how it went. I also got some insights about Norway along the way via the 100+ trips to Oslo during that last decade when I had an engineering management role. That travel schedule was exhausting.
My pet peeve about Norway and oil: How very few people ever call them out on being the Saudi Arabia of the north (well, minus the murders/various other kinds of oppressions).
They do so much (excellent!) PR that shows them being the ethical/environmental leaders.. that totally ignores the fact that they are the people making money on pumping old fossil remains out from their seabeds. If they really meant it, they could, like.. stop doing that? I mean, pick a lane.
Re: Farouk al Kasim saved Norway from its oil (2014)
#5Disclosure: I'm a Swede who previously worked in various primarily Norwegian-owned software companies for two decades. I'm mostly happy about how it went. I also got some insights about Norway along the way via the 100+ trips to Oslo during that last decade when I had an engineering management role. That travel schedule was exhausting. My pet peeve about Norway and oil: How very few people ever call them out on being…
What do you plan to use instead of fossil fuels today?
Re: Farouk al Kasim saved Norway from its oil (2014)
#6Disclosure: I'm a Swede who previously worked in various primarily Norwegian-owned software companies for two decades. I'm mostly happy about how it went. I also got some insights about Norway along the way via the 100+ trips to Oslo during that last decade when I had an engineering management role. That travel schedule was exhausting. My pet peeve about Norway and oil: How very few people ever call them out on being…
What do you plan to use instead of fossil fuels today?
In Norway and Sweden (shared grid): Primarily electric hydro + nuclear power. Wind power adds to the mix when it's windy - and it often is.
(Here's the complete picture regarding the grid:
https://en.wikipedia.org/wiki/Synchronous_grid_of_Continenta...)
There are power cables between RG Nordic and RG Continental Europe/RG Baltic/RG GB but to my knowledge they are all via high voltage DC - so not AC phase synced.
Re: Farouk al Kasim saved Norway from its oil (2014)
#7Earlier quoted context omitted.
What do you plan to use instead of fossil fuels today?
In Norway and Sweden (shared grid): Primarily electric hydro + nuclear power. Wind power adds to the mix when it's windy - and it often is. (Here's the complete picture regarding the grid: https://en.wikipedia.org/wiki/Synchronous_grid_of_Continenta... ) There are power cables between RG Nordic and RG Continental Europe/RG Baltic/RG GB but to my knowledge they are all via high voltage DC - so not AC phase synced.
Is that deployed infrastructure today to handle needs and scaling for the future? I know Germany was cutting back on nuclear.
Re: Farouk al Kasim saved Norway from its oil (2014)
#8Stupid use of funds for the most part, it's not re-invested in the country, just the American stock market. It's not like they had to buy solid gold rolls royces, but there's no reinvestment internally other than oil and fish. Norway is a hedge fund with the F-35.
Re: Farouk al Kasim saved Norway from its oil (2014)
#9Disclosure: I'm a Swede who previously worked in various primarily Norwegian-owned software companies for two decades. I'm mostly happy about how it went. I also got some insights about Norway along the way via the 100+ trips to Oslo during that last decade when I had an engineering management role. That travel schedule was exhausting. My pet peeve about Norway and oil: How very few people ever call them out on being…
I'm Norwegian, and I agree. We have deluded ourselves to believe our oil is "clean" and "green".
And while stopping the pumps would probably wreak havoc on our economy, we could at least stop looking for new fields while emptying the ones we have for some more years. So slowly wean off the oil tit. But every time that's suggested, the government says "develop, not stop". And use straw men like "we can't stop abruptly!!", even though that's not the suggestion on the table. And they've used the same excuse for a decade to not do anything. If we actually started transitioning away from oil a decade ago, we would be better off. And if we at least started now we would be better off. But that can just gets kicked down the road.
Re: Farouk al Kasim saved Norway from its oil (2014)
#10Earlier quoted context omitted.
In Norway and Sweden (shared grid): Primarily electric hydro + nuclear power. Wind power adds to the mix when it's windy - and it often is. (Here's the complete picture regarding the grid: https://en.wikipedia.org/wiki/Synchronous_grid_of_Continenta... ) There are power cables between RG Nordic and RG Continental Europe/RG Baltic/RG GB but to my knowledge they are all via high voltage DC - so not AC phase synced.
Is that deployed infrastructure today to handle needs and scaling for the future? I know Germany was cutting back on nuclear.
I think we're getting a bit off-topic here, but in a nutshell: The current government of Sweden wants to build new nuclear power plants to scale up the power supply for the future.