A Social Conscience Is Nice, But Business Is Business!!

By Paul Homewood

 

h/t Ian Magness

 

 

 

Good news from Bloomberg:

 image

Norway’s top court dismissed an attempt by climate activists to halt Arctic oil exploration by Western Europe’s biggest petroleum-producing nation.

The Nordic government beat back a lawsuit by environmental groups in the country’s Supreme Court, which ruled on Tuesday the authorities had acted lawfully by awarding exploration licenses in the Barents Sea to companies including Equinor ASA, Aker BP ASA and Lundin Petroleum AB.

Greenpeace and Nature and Youth, a local environmental organization, argued in the lawsuit that the 2016 license award in the Arctic Barents Sea breaches Norway’s constitution and its commitments under the Paris Agreement.

https://www.bloomberg.com/news/articles/2020-12-22/norway-top-court-rules-against-climate-activists-over-arctic-oil

 

Of course, it is great news that the world will have some more oil reserves, if the exploration is successful.

But I do find it slightly ironic, because we are constantly being told how “green” Norway is. After all, they are getting rid of all their petrol cars, building wind farms in the North Sea (with the help, of course, of oil money).

Yet, when it comes to down to petrol dollars, all of that goes out the window!

via NOT A LOT OF PEOPLE KNOW THAT

https://ift.tt/38AokC1

December 27, 2020 at 04:07AM

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