Earlier quoted context omitted.
Norwegian GDP just took a hit
It boggles my mind that we allow GDP to not account for externalities to the environment. Like burning a wick, we cheer the flame with no consideration for the dynamite at the other end.
Norwegian youth win climate court case against the Norwegian State
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Re: Norwegian youth win climate court case against the Norwegian State
#12Is this really a win? You need a strong economy to shift to a Green future. Norway was a small country before oil and gas, now they've made the best use of it out of any country in the world. Shouldnt they keep their foot on the pedal a little longer? Making new battery technology isn't cheap.
Shareholder value had a cost (industrialization in general [1]), and now it must be paid back.
Re: Norwegian youth win climate court case against the Norwegian State
#13Earlier quoted context omitted.
Norwegian GDP just took a hit
It boggles my mind that we allow GDP to not account for externalities to the environment. Like burning a wick, we cheer the flame with no consideration for the dynamite at the other end.
The problem is that anytime someone attempts to quantify the cost of climate change, no one is happy with the numbers.
Re: Norwegian youth win climate court case against the Norwegian State
#14I'm not an expert on the Norwegian court system, but they seem to have a Supreme Court, so I assume this can be appealed. And, since it's a completely novel[1] ruling, and the state has a large amount of money they could receive if this were overturned, I expect it will be appealed. [1] "Novel" meaning "without precedent in Norwegian rulings". I did not mean "without foundation" or "unreasonable".
Re: Norwegian youth win climate court case against the Norwegian State
#15Re: Norwegian youth win climate court case against the Norwegian State
#16Is this really a win? You need a strong economy to shift to a Green future. Norway was a small country before oil and gas, now they've made the best use of it out of any country in the world. Shouldnt they keep their foot on the pedal a little longer? Making new battery technology isn't cheap.
Re: Norwegian youth win climate court case against the Norwegian State
#17Re: Norwegian youth win climate court case against the Norwegian State
#18Earlier quoted context omitted.
Norwegian GDP just took a hit
Whenever Green Peace is happy, GDP always suffers
But you can't just max out that credit card all the time you know.
Re: Norwegian youth win climate court case against the Norwegian State
#19Re: Norwegian youth win climate court case against the Norwegian State
#20Are there now grounds to start shutting down existing oil fields? Something like 20% of the government budget comes from oil revenue, and the entire pension system (to my understanding) comes from oil funds.
Oh, sure, you want the state to stop doing bad environmental things? Well, ok, as long as you pay for it!