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Politics : View from the Center and Left

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From: JohnM	9/7/2021 11:14:53 AM
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Norway’s Oil Rises to Top of Election Agenda Political Wireby Taegan Goddard “Norway’s voters are to give their verdict next week in what has become a ‘climate election’ — jolted into life by the UN report last month that issued a stark ‘code red’ over the impact of environmental change,” the Financial Times reports. “The UN report has forced Norway to examine a big contradiction at the heart of its economy. The country is one of the largest proponents of green solutions such as electric cars and carbon capture storage: seven in 10 new cars sold last month in Norway were fully electric.” “But the country is also western Europe’s biggest petroleum producer, with a massive sovereign wealth fund accumulated on the back of oil and gas output.”

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