The end of gas-fired cars?

oslo downtown

Norwegian Liberal Party MP Ola Elverstuen announced today that Norway’s four leading political parties have agreed on a ban of gasoline-powered cars by 2025. “After 2025 new private cars, buses and light commercial vehicles will be zero-emission vehicles. By 2030, new heavier vans, 75 percent of new long-distance buses, 50 percent of new trucks will…
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Breaking up is decreasingly hard to do

Decoupling_sparkline_graphic_v2

A common concern of developed and developing countries has been that breaking up the 19th and 20th century association of economic development and fossil fuels will lead to GDP decline.  Referred to as “decoupling,” economists have warned that economic growth would decline as climate change policy made carbon more expensive. But last year the International Energy Agency (IEA) reported…
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Zero carbon Saudia Arabia?

KSA prince

Saudi Arabia Deputy Crown Prince Mohammed bin Salman announced that the Kingdom has begun planning for the end of oil. How? By developing the world’s largest sovereign wealth fund, partially financed by selling shares of Saudi Aramco, the leading global oil producing company. This sale of shares to private investors via an initial public offering (IPO) could begin…
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