2min chapter

The Inquiry cover image

Can we stop oil?

The Inquiry

CHAPTER

The Paradox of Norway's Energy Consumption

Half of Norway's exports, a quarter of its gross domestic product and two-fifths of its state income are derived from oil. Oil revenues have increased as a result of the war in Ukraine. In 2022, the government's net income from oil and gas were the same as they had been for the first 21 years of production.

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