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Norway doesn’t decide to phase out oil, consumers do. The world needs 100 million barrels a day. We are at peak coal too. https://www.iea.org/news/global-coa

• vinni2 3y ago
  That’s not exactly true. When the Russian gas stopped the adoption of renewables accelerated in Germany and other places in Europe. If oil is phased out people will adapt. Most of Norwegian oil customers are in Europe so switching to renewable energy and phasing out oil is doable. Instead Norway wants to explore oil in the arctic.
  • chrisco255 3y ago
    Why would the Russian gas situation have done that? The natural gas from Russia was used for power plant generation, and electricity prices skyrocketed, since Germany doesn't have its own sustainable electric supply. Norway on the other hand has more oil than it could ever use, as well as hydropower.
    • vinni2 3y ago
      > Why would the Russian gas situation have done that? Because the countries are realizing how relying on foreign oil and gas makes them vulnerable. https://www.nationalgeographic.com/environment/article/how-the-ukraine-war-is-accelerating-germanys-renewable-energy-transition https://www.nationalgeographic.com/environment/article/how-t...
      • melling 3y ago
        I think we realized that half a century ago in the 1970’s https://en.m.wikipedia.org/wiki/1970s_energy_crisis https://en.m.wikipedia.org/wiki/1970s_energy_crisis But hey, feel free to make it up as you go. Most of the time people won’t call you on it. I’m not a Donald Trump fan so I won’t be posting his warning about depending on Russian gas. So, please don’t insult us with statements that are clearly silly: “Because the countries are realizing how relying on foreign oil and gas makes them vulnerable.”
        • deleted 3y ago
          [deleted]
        • delecti 3y ago
          People forget hard-learned lessons all the time. Doesn't mean the lessons aren't true, or that people didn't learn them at the time, just that we're bad at remembering things when it's convenient to forget them.
        • vinni2 3y ago
          This is not 70s cost of renewables has gone down drastically.
  • skeeter2020 3y ago
    >> If oil is phased out people will adapt. Sure, just hope you don't freeze to death while "adapting"
  • jojobas 3y ago
    That did little to offset the decades of German madness of transitioning to Russian gas in the first place, and closing nuclear power plants while building more coal ones. Phasing out oil in Europe will make people "adapt" by outsourcing the remaining industrial production to Asia. The conflict (not necessarily military) with China imminent, and weaning off Chinese imports will be way more difficult than Russian ones, especially when you're deindustrialized.
• Sporktacular 3y ago
  No they don't. Consumers will go for the cheapest way to get what they want. End oil subsidies and alternatives become more attractive. Tax oil and they come more attractive still. Ban it and they'll look to bikes. And yes, of course Norway can decide to phase out oil production.
• lm28469 3y ago
  > Norway doesn’t decide to phase out oil, consumers do. A yes, "it's YOUR fault, YOU should be ashamed, bad consumer !" It's not the industries or governments job to plan and regulate things, it's the people's job, of course. It's like going to the doctor for a cancer to be told "sorry we can't do anything the cancer wants to keep growing, we can't use chemo the cancer didn't approve it sorry" lmao