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> One of the world's largest oil producers is moving away from fossil fuels I mean, afaik, they're not moving away from generating oil and selling it. Arguabl
by Ntrails 7y ago
> One of the world's largest oil producers is moving away from fossil fuels
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
- lhopki01 7y agoThey're not moving away. They've just opened up a new field. https://www.cnn.com/2020/01/19/business/norway-oil-field-climate-change-intl/index.html https://www.cnn.com/2020/01/19/business/norway-oil-field-cli...