Posted on 11/29/2021 1:26:38 PM PST by DUMBGRUNT
Norway’s revenues from oil and gas production hit a record high this year and are showing no signs of slowing down
Norwegian Prime Minister Jonas Gahr Støre believes that a total end to oil exploration and production would harm the transition to renewable alternatives in a world still so reliant on oil and gas. He stated, "If we were to say from one day to the other that we close down production from the Norwegian shelf, I believe that would put a stop to an industrial transition that is needed to succeed in the momentum towards net zero . . . So we are about to develop and transit, not close down."
Norway has also been one of the largest suppliers of gas to Europe, second only to Russia,
Equinor continues to provide vital oil and gas supplies to Europe at a time where prices are rising to unprecedented levels and several countries are facing energy shortages going into winter, the company is optimistic about its role in traditional energy provision as well as its ability to use profits to invest in the long-term transition.
(Excerpt) Read more at oilprice.com ...
Scandinavia tells Swedish Greta to shut up.
Those mild Scandanavian leftists don’t like talking about money - but they sure like receiving it.
Greta’s not going to be happy about this,
“... I believe that would put a stop to an industrial transition that is needed to succeed in the momentum towards net zero . . .”
He’s an idiot.
Tusind Tak, Norge!
Norway supplies something like 15% of the EU's needs, and is itself *not* in the EU, which is smart on their part.
Brandon is transferring all of America’s wealth to other countries.
a very popular Norwegian show which is on netflix is called OCCUPIED and is about shutting down the oil production in Norway.
Very good show, watch it.
I think it's a translation error from Norwegian. What he's really saying is "Norway is getting all it can while that idiot Joe Biden is President".
Good. But there’s still language about transitioning to “renewables.” Solar doesn’t work up there.
Drill baby, drill!
Norway has extensive hydro electric assets. Most of their domestic energy use is hydro.
I did not know that. Thank you. Do you think there is sufficient hydro to go full green renewable? 😳
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.