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by apex3stoker
2568 days ago
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Having fossil fuels makes it harder to introduce incentives to promote alternative energy. Countries with fossil fuels tend to enrich a small fraction of ruling class (and foreign oil companies) which uses fossil fuel subsidies to maintain power. Norway managed to escape this curse because of foresight (http://web.archive.org/web/20100123225932/http://www.ft.com/...). |
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