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Whatever 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
by vintermann 5y ago
Whatever 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.