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It's not really worth bothering trying to convince any one country to reduce their oil production. The Saudis, Russians or Venezuelans could easily fill the sup
by spiffistan 5y ago
It's not really worth bothering trying to convince any one country to reduce their oil production. The Saudis, Russians or Venezuelans could easily fill the supply gap, and the point is moot. Arguing for a worldwide reduction in supply is equally moot, not to mention politically hopeless.
The best way is demand reduction, which won't happen overnight. Technology exchange and helping developing countries to build renewable energy and nuclear power plants seems to be, outside of geoengineering, the only viable way forward.
- vintermann 5y agoWhatever way you go about it, ultimately carbon has to be left in the ground. Norway's policy is to not leave anything in the ground. Even when you think maybe economic pressures will limit it, instead Norway subsidizes search for new fields. From the profit estimates of e.g. Johan Sverdrup, you can directly see that Norway thinks the world will NOT limit its oil consumption very much (and it will probably lobby against attempts to do so e.g. through coordinated carbon taxes). Our investments speak louder than words: we're betting on climate disaster. It's going to be hard to convince other countries to leave anything in the ground, if you can't even convince Norway.