Here is an article about the issue https://www.theguardian.com/environment/2023/may/17/norway-u...
The world needs 100 million barrels a day.
We are at peak coal too.
https://www.iea.org/news/global-coal-demand-set-to-remain-at...
Norway on the other hand has more oil than it could ever use, as well as hydropower.
Because the countries are realizing how relying on foreign oil and gas makes them vulnerable.
https://www.nationalgeographic.com/environment/article/how-t...
https://en.m.wikipedia.org/wiki/1970s_energy_crisis
But hey, feel free to make it up as you go. Most of the time people won’t call you on it.
I’m not a Donald Trump fan so I won’t be posting his warning about depending on Russian gas.
So, please don’t insult us with statements that are clearly silly:
“Because the countries are realizing how relying on foreign oil and gas makes them vulnerable.”
Sure, just hope you don't freeze to death while "adapting"
Phasing out oil in Europe will make people "adapt" by outsourcing the remaining industrial production to Asia. The conflict (not necessarily military) with China imminent, and weaning off Chinese imports will be way more difficult than Russian ones, especially when you're deindustrialized.
And yes, of course Norway can decide to phase out oil production.
A yes, "it's YOUR fault, YOU should be ashamed, bad consumer !"
It's not the industries or governments job to plan and regulate things, it's the people's job, of course. It's like going to the doctor for a cancer to be told "sorry we can't do anything the cancer wants to keep growing, we can't use chemo the cancer didn't approve it sorry" lmao
Then, there's no need to continue offering an incentive - because behavior was successfully changed.
https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor...
Observation and exclusion of companies: https://www.nbim.no/en/responsible-investment/exclusion-of-c...
until public transit fixes the time inefficiency problem, it's fighting an uphill battle.