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Norwegian Business School and the government have looked and promoted for years solutions for the local economy after oil party will end-up. It’s a way to spee
by ddmma 9y ago
Norwegian Business School and the government have looked and promoted for years solutions for the local economy after oil party will end-up.
It’s a way to speed-up this transition to a cleaner economy with the risk of loosing some.. focus on the climate and lead that direction.
Building a new church, paying for past sins, nothing wrong with that.
- vidarh 9y agoWhile this helps diversify, it doesn't really affect the transition of the Norwegian economy, though - the oil fund only invests outside of Norway. There is a much smaller fund that does invest in Norway, and the Norwegian government does own a substantial proportion (about 1/3 last time I checked) of the total value of the Oslo Stock Exchange, but that's a separate issue from the oil fund.