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All this decarbonization would pale in comparison to all the emissions from the oil that Norway refused to stop or slow down extracting. Norwegian government co
by vinni2 7y ago
All this decarbonization would pale in comparison to all the emissions from the oil that Norway refused to stop or slow down extracting. Norwegian government continues to issue new drilling licenses.
- KorematsuFred 7y agoWorld needs oil. Poor people in India and Namibia need Oil to carry out their basic needs like getting electricity and receiving medical supplies. If Norway stops producing Oil it will take away bread from mouth of these poor people. Of course unless rest of the developed world is ready to pay a 20% tax penalty to subsidize renewable energy in poorer parts of the world.
- vinni2 7y agoI am not saying they should stop. There is also no sign of slowing or stopping new exploration.
- CAT0 7y agoThis is complete bullshit.
- dang 7y agoCould you please not post unsubstantive comments to Hacker News? You've done it more than once. We're trying to avoid that here, and especially to avoid flamebait and name-calling. If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html and sticking to the rules when posting here, we'd be grateful.
- fooblitzky 7y agoThose poor people are going to be the ones most affected by climate change. Accelerating oil extraction will literally take bread away from the mouths of the Global South.
- KorematsuFred 7y agoMay be 50 years later. Why condemn them to life of misery today ?
- tehjoker 7y agoI do not understand how you cannot see that this logic is suicidal. We can show solidarity with developing countries in other ways but we can't irreparably damage the planet's life support system.
- soperj 7y agoIf Norway stops extracting oil then oil price goes up which just means producers in other countries start producing more which brings the price back down. We don't have an oil supply problem, we have an oil demand problem.
- Robotbeat 7y agoBoth are a problem.
- soperj 7y agoGo on...
- deleted 7y ago[deleted]
- smachiz 7y agoYes, and almost certainly Norway is extracting it more environmentally responsibly than in other, less regulated countries.
- bad_user 7y agoThis crisis will not be solved unless oil prices go up. Demand will decrease only when cheaper alternatives are available. But I agree that Norway not extracting oil doesn't solve anything. The only way to solve this IMO is to tax carbon emissions and do so in a way as to make the burning of fossil fuels very expensive. And also restrict imports from countries that don't have similar policies. And I don't see that happening any time soon.
- ZeroGravitas 7y agoA carbon tax putting up oil prices will help, oil prices rising themselves won't help as there's far more oil than we can afford to burn and the higher the price goes the more motivated we are to extract it. Lots of other things that help e.g. electric cars, more public transport and (ironically) a carbon tax will lead to demand for oil lessening and so drop the price till it balances with demand.
- timwaagh 7y agoVikings gotta live too, those Teslas don't grow on trees.
- krobbn 7y agoNorway taxes petroleum extraction at 78% effective rate as well which primarily goes into the sovereign wealth fund, but also helps subsidize renewables. Norway has also invested heavily in trying to keep the rainforests from being torn down. They're at least trying something, and trying to encourage their own population to become greener, through things like little to no taxes on electric vehicle use, public transit, and so forth.
- emptysongglass 7y agoJust moved to Oslo. The number of Teslas here is borderline comedy. And it's all because of that succulent zero-tax on electric vehicles.
- dorian-graph 7y agoAnd they're trying to get oil elsewhere in the world, like off the coast of Australia.