Ulla-Førre - Norway's power storehouse

In 1974, the Norwegian Parliament granted license for Norway's largest hydropower project ever. More than 1500 people worked on the development at peak, and the construction was officially concluded in 1988. Today, the Ulla-Førre power system plays a key role in Norwegian energy supply. The watershed covers 2000 sq km. Total output of the power plants is more than 2 gigawatts, or about 7 per cent of the total installed capacity of all Norwegian hydropower plants.

[@epsospremium6088]

Good to see how Norway used it's natural landscape to build renewable energy.
Being around 100% renewable in energy production is a good milestone.

[@glennv3176]

Norway extracts and exports 1.383 million barrels of crude oil per day

[@hasselnttper3730]

@@glennv3176 And if we don't do it, someone else will. OPEC, the US and Russia would probably extract 1.383 million more barrels per day to fill the gap in the market. Especially when the price goes up due to less supply. We also have to extract it before someone, like China and/or Russia takes it away from us, but we don't want to extract it as fast as the UK, either.
Unlike the UK and others, we haven't exactly been wasting our oil wealth. The money is invested in foreign companies, bonds and real estate. On average, the oil fund holds 1.4 percent of all of the world’s listed companies. The fund is currently worth 1.356 trillion USD. I just hope they stop investing in China. Investing in China = investing in the CCP = investing in the PLA and modern concentration camps.
But regarding energy; would you rather have us burn coal? Stopping our oil extration will do nothing for the climate or the environment, while not burning coal has an immediate impact on both.

[@glennv3176]

@@hasselnttper3730 As you said, the oil will be extracted anyway, I rather see Norway do it because they probably do it cleaner than the USA, much cleaner than Russia and 10X cleaner than the Saudis.

[@Bubajumba]

@@hasselnttper3730 That's right, climate footprint of 0.67 kilos per barrel compared to the global average which is at 18 kilos per barrel of oil is significantly cleaner than most countries. Probably the cleanest oil rigs in the world.

[@adibasdas]

wow that was a really good explanation. thanks for the upload!

[@ryansweeney4179]

Norway and Scotland should really make the biggest renewable energy project in Europe and work together to make the both country's 100 per cent carbon free
WE SHOULD TALK NORWAY-SCOTLAND!!!

[@alanbrown9178]

Agreed. I'd guess that the cost of this massive investment was met with oil revenues. Whereas the oil revenues in the uk have been squandered on tax breaks for the already rich and ill-thought-out projects that have gone way-over budget.... HST, aircraft carriers, cross-rail..... none of which are much benefit to Scotland.

[@gravelydon7072]

One of the best videos on CZcams but likely one of the least seen.

[@lilwingboi1145]

gravelydon omg haha yeah totes

[@silentdeath7847]

They have a fuew good videos whit less than 10k views

[@alanbrown9178]

A most interesting video, thanks.

[@kottogvhgvhgv]

Amazing!

[@forloop7713]

Norway is something else

[@Lalthlengliana.Khawlhring]

What a wonderful video.... 👍🏼

[@Karim-en9on]

Best policy Dost