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A comment on Scotland to use 100% renewables on time to host 2020 climate summit. Parent comment

Re:Scotland to use 100% renewables on time to host 2020 clim... by chimprich on Tuesday January 28, 2020 @06:51AM (#22168504)
> But did you know that the money in the trillion dollar sovereign wealth fund all came from the oil they sold?

I think it's a positive thing that one of the world's largest oil producers is moving away from fossil fuels and that they're being vocal about it.

We could do with more virtue from leading countries, and signalling about it.

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Re:Scotland to use 100% renewables on time to host 2020 clim... by hannob on Tuesday January 28, 2020 @09:05AM (#22169429)
> I think it's a positive thing that one of the world's largest oil producers is moving away from fossil fuels and that they're being vocal about it.

That would be a positive thing indeed. However from all I can tell this is not at all what's happening: https://www.climateliabilitynews.org/2019/11/14/norway-oil-c... https://www.offshore-mag.com/regional-reports/article/140747... https://bellona.org/news/fossil-fuels/2018-01-norways-new-oi...

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Re:Scotland to use 100% renewables on time to host 2020 clim... by Ntrails on Tuesday January 28, 2020 @09:04AM (#22169419)
> One of the world's largest oil producers is moving away from fossil fuels

I mean, afaik, they're not moving away from generating oil and selling it. Arguably given the SWF is based on oil production/extraction revenues the obvious conclusion is that they were over exposed and this dis-investment is more like sensible diversification.

But maybe that's just cynicism

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Re:Scotland to use 100% renewables on time to host 2020 clim... by lhopki01 on Tuesday January 28, 2020 @10:32AM (#22170281)
They're not moving away. They've just opened up a new field.

https://www.cnn.com/2020/01/19/business/norway-oil-field-cli...

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Re:Scotland to use 100% renewables on time to host 2020 clim... by fredthomsen on Tuesday January 28, 2020 @07:37AM (#22168782)
Agreed. All countries want to be seen as leaders, and this can nudge them in the right direction.
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