> Norway has used its oil and gas revenues to heavily subsidize electric vehicles, and it is still producing fossil fuels. Why? Because there is money to be made. What they don’t need for their cars will be sold to someone. There is nothing particularly virtuous about Norway.
It's not like Norway made any money from subsidising EVs? Most of the money went into companies like Tesla.
Also what would you have preferred? Norway not exploit it's oil and gas resources and give up market share to the gulf states who would have thrown it at another white elephant project?
They could have left it in the ground if they really wanted to limit CO₂ emissions. I don't blame them for extracting it and selling it, but I also don't think we can say they are some example of going green. Every fossil fuel that can be extracted will be, because it has value.
I'm just saying that if they had not extracted it, the gulf would have continued selling oil and used the money to spread Islamic fundamentalism and fund white elephant projects. At least the Norwegians used the money to do some good. They spent 62 billion dollars pushing the EV industry as you just pointed out.
To be fair to both of us, if Norway stopped fossil fuel production, it wouldn't change the influence of the Gulf States, nor would it change world CO₂ output much. They aren't that big of a producer.
> Norway has used its oil and gas revenues to heavily subsidize electric vehicles, and it is still producing fossil fuels. Why? Because there is money to be made. What they don’t need for their cars will be sold to someone. There is nothing particularly virtuous about Norway.
It's not like Norway made any money from subsidising EVs? Most of the money went into companies like Tesla.
Also what would you have preferred? Norway not exploit it's oil and gas resources and give up market share to the gulf states who would have thrown it at another white elephant project?
They could have left it in the ground if they really wanted to limit CO₂ emissions. I don't blame them for extracting it and selling it, but I also don't think we can say they are some example of going green. Every fossil fuel that can be extracted will be, because it has value.
I'm just saying that if they had not extracted it, the gulf would have continued selling oil and used the money to spread Islamic fundamentalism and fund white elephant projects. At least the Norwegians used the money to do some good. They spent 62 billion dollars pushing the EV industry as you just pointed out.
To be fair to both of us, if Norway stopped fossil fuel production, it wouldn't change the influence of the Gulf States, nor would it change world CO₂ output much. They aren't that big of a producer.