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by porpoisely
2676 days ago
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Considering all the money norway got to pay indonesia came from selling oil, this is really nothing more than a billion dollar PR exercise. Not to mention that in a globalized world, the deforestation will ultimately get shifted somewhere else. Just like europe loves to pretend it is lowering emissions when it's just shifting manufacturing to china, norway loves to pretend to be environmenally friendly with its oil money. If europe or norway truly cared about emissions or the environment, they'd end global trade and drilling for oil, but they aren't going to give up their luxurious first world lifestyle are they? Edit: To everyone downvoting, how about this scenario. We give norway $1 billion for them to shut down their oil rigs? Surely norway will sacrifice their economic wealth and prosperity to help the environment right? Or do we only expect that from poor countries? |
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The whole point is that it isn't realistic to assume that it's possible to quit oil overnight, buy it's very possible to mitigate its effect by converting some externalities to a concrete price tag and thus creating incentives to abandon the use of at least some fossil fuels and to compensate those who contribute to invert the tendency.