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Resource nationalism? Let me just say: bah-humbug!

Norway has the ultimate model for extracting oil and managing the revenues, and their model (private corporations, national champion, high taxes, strong state intervention while respecting that private companies require profits) works very well, and happen to be pretty much "resource nationalism", as in using the resources of the nation to enrich the people (and give wealth and power to the state).

Not making a fuss just happens to be the best solution for Norway. At least at the moment (I am thinking of Jerome's oil thriller...).

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Tue Jun 27th, 2006 at 05:34:48 PM EST
relationship with the EU on energy matters can politely be described as strained. However discreet and unfussy the Norwegians may be, their (understandable) insistence to keep strict public control over the sector in various ways does not play well in Brussels and is a soruce of permanent, if diplomatic, fighting.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Jun 27th, 2006 at 05:52:58 PM EST
[ Parent ]
Good that someone is trying to keep the neolib ideologist at bay in Brussels.

BTW, congratulations on the 3-1 game. :)

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Tue Jun 27th, 2006 at 06:10:58 PM EST
[ Parent ]

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