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You're getting downvoted and I don't know why. Norway was only doing fishing before they discovered oil in the North Sea, so all their wealth is based on oil. T

You're getting downvoted and I don't know why. Norway was only doing fishing before they discovered oil in the North Sea, so all their wealth is based on oil. They still drill and export a significant amount of oil. Yes, the energy they use is green, but they export a lot of CO2. I'm not sure if you send your CO2 to some other place you get to call yourself "green", though.

djxfade 2y ago
We do pay carbon tax for all our exports. I know that doesn't defend it. But at least we pay our fair share. Even tough I can definetly see why it looks bad from a moral standpoint.
- slaw 2y ago
  Who do you pay carbon tax to?
audunw 2y ago
> Norway was only doing fishing before they discovered oil in the North Sea, so all their wealth is based on oil. That's false, though a common myth. Norway was already a fairly wealthy country before the discovery of oil. Norway was always fairly strong in trade, and after it got hydro-power there were already industry giants like Norsk Hydro, and there was plenty of natural resources other than oil. Norway is surprisingly diversified for an oil nation. Just look at a breakdown of exports of Norway vs other countries where oil/gas dominate. Qatar: https://commons.wikimedia.org/wiki/File:Qatar_Product_Exports_%282019%29.svg https://commons.wikimedia.org/wiki/File:Qatar_Product_Export... Norway: https://commons.wikimedia.org/wiki/File:Norway_Product_Exports_%282019%29.svg https://commons.wikimedia.org/wiki/File:Norway_Product_Expor... While oil/gas is a huge share of exports, since there's hundreds of various industries that's already well-established, it's not gonna be too hard for those industries to absorb the capital and labor which is freed up when the oil/gas industry winds down. My experience with an industry outside of oil and gas in Norway, is that the industry has a growth which has been severely hampered by lack of capital and lack of labor. We could easily double in size over the span of a decade, if the capital and labor pool doubled.
wolfhumble 2y ago
> Norway was only doing fishing before they discovered oil in the North Sea, so all their wealth is based on oil. They still drill and export a significant amount of oil It is misconception that Norway was poor before it found oil. Statistically Norway did as well as or better than – based on GNP per capita – most other European countries from 1830-1938; similar to Germany, https://en.wikipedia.org/wiki/List_of_regions_by_past_GDP_(PPP)_per_capita#Europe_1830–1938_(Bairoch) https://en.wikipedia.org/wiki/List_of_regions_by_past_GDP_(P...

djxfade 2y ago

We do pay carbon tax for all our exports. I know that doesn't defend it. But at least we pay our fair share. Even tough I can definetly see why it looks bad from a moral standpoint.

slaw 2y ago
Who do you pay carbon tax to?

audunw 2y ago

> Norway was only doing fishing before they discovered oil in the North Sea, so all their wealth is based on oil. That's false, though a common myth. Norway was already a fairly wealthy country before the discovery of oil. Norway was always fairly strong in trade, and after it got hydro-power there were already industry giants like Norsk Hydro, and there was plenty of natural resources other than oil. Norway is surprisingly diversified for an oil nation. Just look at a breakdown of exports of Norway vs other countries where oil/gas dominate. Qatar: https://commons.wikimedia.org/wiki/File:Qatar_Product_Exports_%282019%29.svg https://commons.wikimedia.org/wiki/File:Qatar_Product_Export... Norway: https://commons.wikimedia.org/wiki/File:Norway_Product_Exports_%282019%29.svg https://commons.wikimedia.org/wiki/File:Norway_Product_Expor... While oil/gas is a huge share of exports, since there's hundreds of various industries that's already well-established, it's not gonna be too hard for those industries to absorb the capital and labor which is freed up when the oil/gas industry winds down. My experience with an industry outside of oil and gas in Norway, is that the industry has a growth which has been severely hampered by lack of capital and lack of labor. We could easily double in size over the span of a decade, if the capital and labor pool doubled.

wolfhumble 2y ago

> Norway was only doing fishing before they discovered oil in the North Sea, so all their wealth is based on oil. They still drill and export a significant amount of oil It is misconception that Norway was poor before it found oil. Statistically Norway did as well as or better than – based on GNP per capita – most other European countries from 1830-1938; similar to Germany, https://en.wikipedia.org/wiki/List_of_regions_by_past_GDP_(PPP)_per_capita#Europe_1830–1938_(Bairoch) https://en.wikipedia.org/wiki/List_of_regions_by_past_GDP_(P...