Skip to main content

To my knowledge, no nation has ever received the Nobel Peace Prize, or any other Nobel Prize for that matter. Organizations have, such as the UN chemical weapons inspectors or the panel on climate change, but never whole nations. But I am going to go right past looking up the rules and nominate the country of Norway for the 2022 Nobel Peace Prize.

For saving the world.

...hopefully.

That's a pretty big claim to make. Saving the world? Really? Well, in a sense, yes. Because at this point, what humans are doing to the planet is already changing and distorting this world into a whole new one. WE HAVE TO STOP, AND WE CAN'T STOP. The IPCC practically screams at us the worst is coming, while the most competent and informed climate writers remind us theirs are conservative predictions.

Something must be done.

Something big.

Something like what Norway's about to do.

According to a report on Climate News Network, the new center-right coalition (oh, to have a sane and loyal opposition!) of Norway, headed by second female prime minister Erna Solberg, plans on investing a significant portion of its sovereign wealth fund to invest in clean and sustainable energy projects around the world, especially in the developing world.

The Norwegian fund is a product largely of its oil profits, so the project funds will go to offset the oil. Norway is also working with the WWF to end its use of tar sands and coal.

The sovereign wealth fund totals roughly $750 billion. Even if only 5%, as requested by WWF, is allotted towards renewable energy projects, that is still an injection of $37.5 billion into renewable energy projects worldwide. Better yet, Norway will probably be opening the door for other nations to act in a similar manner.

This is extremely good news in the Fight For a Livable Climate. It is especially good when paired with the recent news of solar and wind reaching and surpassing grid parity in many places, both in the US and internationally.

With luck and good implementation, Norway's massive investment in renewable energy worldwide could be the tipping point in beginning to truly combat climate change on a grand scale.

(P.S. Can't stay and talk, sorry. Moving, and the cleaning crew comes tomorrow, and still much work to do.)

Originally posted to Panacea Paola on Mon Oct 14, 2013 at 06:43 PM PDT.

Also republished by Good News.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

  •  Tip Jar (11+ / 0-)

    "It is no measure of health to be well adjusted to a profoundly sick society." -Jiddu Krishnamurti

    by Panacea Paola on Mon Oct 14, 2013 at 06:43:06 PM PDT

  •  Why 2022? (5+ / 0-)

    I figure that's when virtually everyone on the planet will finally have to admit this is a massive problem and massive change needs to be implemented as fast as possible. Looking back, this action by Norway could truly act as a launching point for other sweeping international investments in a sustainable economy and livable world. There are plenty of if's, but this is certainly a much-needed expansion of the climate movement.

    "It is no measure of health to be well adjusted to a profoundly sick society." -Jiddu Krishnamurti

    by Panacea Paola on Mon Oct 14, 2013 at 06:46:13 PM PDT

  •  Brilliant! Norway's fund is world's great investor (5+ / 0-)

    They own over 1% of all stock in the world. They can move financial mountains. What makes it all the more amazing is that this wealth fund invests the money Norway is making off its OIL reserves!!

    Thank you so much for bringing this to MY attention. Now, we have to bring it to everyone's attention. I kinda wish this had come after the US debt ceiling/shutdown craziness, because it will be overlooked in the media. It's on us to spread the word, to help move other investors.

    Coming Soon -- to an Internet connection near you: Armisticeproject.org

    by FischFry on Mon Oct 14, 2013 at 07:04:37 PM PDT

  •  When the people of a nation (3+ / 0-)

    ...own their own natural resources (unlike the US plantation, which is privatized) it is amazing what they can do with the profits.


    [ O Recommend   O Hide   O Bitch about this at the Help Desk ]

    by Pluto on Mon Oct 14, 2013 at 08:31:46 PM PDT

  •  Norway also leads in e-cars per capita. (1+ / 0-)
    Recommended by:
    Panacea Paola

    Some interesting info here:
    http://www.noslone.com/...

    The Norwegian government has granted e-car owners huge amounts of perks, like free parking in downtown Oslo, and toll-free driving on toll roads, but it goes to show that new(ish) technologies still need government-based incentives to get the ball rolling. Habit is a tough nut to crack, and the Germans have shown that subsidies/perks - feed-in tarifs in particular - have been crucial to its own energy transition.

    Another link, but it's not possible to copy any of the source text. You have to read the paragraph below the table to find the statistical information about e-cars:
    http://www.cleanvehicle.eu/...

    „Wer kämpft, kann verlieren. Wer nicht kämpft, hat schon verloren.“ - Bertolt Brecht

    by translatorpro on Tue Oct 15, 2013 at 06:51:39 AM PDT

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site