I think it's a positive thing that one of the world's largest oil producers is moving away from fossil fuels and that they're being vocal about it.
We could do with more virtue from leading countries, and signalling about it.
I think it's a positive thing that one of the world's largest oil producers is moving away from fossil fuels and that they're being vocal about it.
We could do with more virtue from leading countries, and signalling about it.
That would be a positive thing indeed. However from all I can tell this is not at all what's happening: https://www.climateliabilitynews.org/2019/11/14/norway-oil-c... https://www.offshore-mag.com/regional-reports/article/140747... https://bellona.org/news/fossil-fuels/2018-01-norways-new-oi...
I mean, afaik, they're not moving away from generating oil and selling it. Arguably given the SWF is based on oil production/extraction revenues the obvious conclusion is that they were over exposed and this dis-investment is more like sensible diversification.
But maybe that's just cynicism
https://www.cnn.com/2020/01/19/business/norway-oil-field-cli...