• I'm a Climate Hero
    Meanwhile, Philip pines can produce Green Technology Oil that eliminates carbon emission from any engine, actual video treatment: http://www.youtube.com/user/GTOManila.
     
  • Michael Pettengill · Top Commenter · New Hampshire Community Technical Colleges
    Norway could spend a lot more on specific energy capital projects in Norway which would creates jobs for Norwegians, limiting spending only when unemployment threatens to become too low. Wind farms in Norway will create jobs and the capital assets will produce electricity. Come up with schemes for providing HVAC for buildings for a set monthly charge using combinations of insulation, solar heat, ground source heat pumps - all the installation will create jobs in Norway. These investments in energy will have useful asset life times of 30 years and longer.

    The thing about burning fossil fuels is it's a job killer. Always has been. If you have a labor shortages, then burning fossil fuels allows a limited workforce do more, but once an excess of labor exists, burning capital is foolish because you have the labor to build capital, productive capital assets.
       
    • Raymond Del Colle · Top Commenter
      "97 percent of top climate scientists and every major National Academy of Science agree that man-made carbon pollution is warming our climate." http://clmtr.lt/c/Ebi0cd0cMJ.
         
      • Mark Dom · Top Commenter
        Norway is Europe's largest oil producer, the world's second largest natural gas exporter, and is an important supplier of both oil and natural gas to other European countries. Norway is the largest oil producer and exporter in Western Europe. Norway is the second largest exporter of natural gas after Russia, and ranks fourth in world natural gas production. They can use some greenwashing and they can afford it.
        • Thomas Hewitt · Top Commenter · Michigan State University
          All the more reason for them to be more aggressive well beyond the greenwashing phase. They also have a lot of hydro, and help balance out some of the EUs variable renewables.

          Compared to the US (which for a long time lead the world in coal and oil production, and is still larely in denial), Norway is doing great. And surprise surprise, fuel taxes in Norway are among the highest in the world. They lead the world in electric vehicles per capita.

          Changing the investment climate can have real knockon effects. Its going to take a while to work, but having a very sizable fund do this should get others thinking that doing something similar isn't unthinkable.
        • Jonathan Maddox · Springwood, New South Wales
          More to the point, Norway is investing the revenues from its abundant but finite fossil fuel resources into other avenues with a long-term future, rather than simply encouraging consumption for a fast buck.