27 Jun '17, 9am

Oil-Rich Norway Simply Exports its Carbon Emissions

Oil-Rich Norway Simply Exports its Carbon Emissions

Norway is green at home while generating emissions abroad, say critics On the surface, Norway appears to be a global sustainability leader , a trend we have occasionally covered here on TriplePundit. Rich in oil reserves, Norway has invested billions in renewables including wind power . The country’s sovereign wealth fund, long heralded as a model for how countries can invest in the long-term social welfare for their citizens, is divesting from coal . Furthermore, Norway’s capital, Oslo, says it has a plan to slash its carbon emissions in half by the end of this decade. But to critics , Norway’s progressive policies at home are at best a token effort as the Nordic country remains one of the world’s largest oil producers. By many accounts, Norway rounds out the world’s top 10 oil exporters , coming ahead of Venezuela, Mexico and Qatar while only ranking behind the usual hyd...

Full article: http://www.triplepundit.com/2017/06/oil-rich-norway-simpl...

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