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Author Topic: Fossil Fuels: Degraded Democracy and Profit Over Planet Pollution  (Read 13075 times)

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Norway Aiming For 🔥 Oil & Gas Output To Reach Record Highs By ~2022

January 21st, 2018 by James Ayre


“Norway’s combined output of oil and gas is expected to hit 4.4 million barrels per day of oil equivalents in 2022, the NPD said, a rise of 10% from the forecast 4 million barrels per day of oil equivalents seen for 2018. Investments, excluding exploration cost, were expected to rise marginally in 2018 to 122 billion Norwegian crowns ($15.13 billion) and to about 140 billion crowns in each of the years 2019 and 2020, the NPD said.”

So, the “good news” I guess is that Norway will be able to maintain the currently extravagant lifestyle expectations of its population for longer than expected … by continuing to sell fossil crack co caine to the rest of the world. 

full article:


Agelbert REACTION:

George Danchev 🦖 • 13 hours ago
There is a crucial difference here, we could have the same Norway exporting oil and gas without doing anything on the renewable front. The reality is that Norway is the only one repurposing big oil and gas money to renewables on per capita basis.

There is another big thing - the Norwegian power grid is 100% renewable... okay 99%... so they are internally almost non-dependant on it, so exporting the crack until there is anyone to buy it and investing the cash wisely is a name of a pretty good game. Norway not exporting the crack literally means someone else will deliver for their share and do nothing on the renewables front. So long live Norway.

Are Hansen > George Danchev • 13 hours ago
I disagree. Being the richest country in the world, I would say Norway has a moral obligation to do what it can afford: to stop further petro exploration, invest heavily in RE internationally, and in RE tech domestically. That wouldn't even affect our extravagant life style for most people here.

Where is the huge research center for wave power? Build a beautiful modern campus, complete with wave tanks and all kinds of laboratories, nice student accommodation with enticing student financing, create a bunch of professorships and get the best people from all over the world.

That would be the logical next step. And with 2000 km of windy Atlantic coasts the potential for wave energy is stupendous.

agelbert  > Are Hansen • 22 minutes ago

Yep, and Norway is, despite all their Renewable Energy at home, hurting future generations all over the planet by continuing to extract fossil fuels.

To those in Norway who believe extracting fossil fuels from the earth in order to sell them for profit so somebody can burn them is  a good idea:

Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12


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