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Makes sense. Norway's economy ever since discovery of offshore oil is similar to Saudi Arabia, Dubai or Qatar's. The difference is just that while Saudi wealth
by marcuskane2 2y ago
Makes sense.
Norway's economy ever since discovery of offshore oil is similar to Saudi Arabia, Dubai or Qatar's. The difference is just that while Saudi wealth is concentrated among roughly 20,000 members of the extended royal family, Norway's is distributed across their 5 million citizens.
It would be weird if they didn't feel guilty about it. The know fossil fuels are harming the world and they know their comfortable lives are thanks to their share of the profits from extracting and selling massive amounts of fossil fuels.
- voisin 2y agoThey could follow the Canadian solution and simply allow multinationals to take the profits offshore for themselves. No need to feel guilty about wealth you don’t have!