this post was submitted on 13 Jan 2025
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"Got rich"
The profits are going in a fund that is kept for later on, it doesn't affect people's current finances. The only idiots here are all the countries that didn't nationalize their natural resources to do the same.
Alberta's oil reserve is massive compared to Norway, what they have to show for it is 18B while Norway has 1.75T saved.
"A FunD THaT iS KepT FoR LatEr On" aka they invest it in the stock market, making the climate crisis worst. And they are still profiting off oil exploitation.
Fuck norway
They vote against CEOs that aren't working to prevent climate change. Not all stock market investments make the climate crisis worse.
Fuck your disinformation.
They own shares in Solvay (https://www.nbim.no/en/investments/all-investments/#/), who notoriously poisoned a whole italian village with Dioxine.
https://www.justice.gov/archive/atr/public/press_releases/2006/215056.htm https://www.icij.org/investigations/pandora-papers/solvay-italy-new-jerey-chemical-plants-offshore/
They own shares of Coca Cola, who paid for dead squad in latin america to attack unionists
They own shares of Pfizer, who corrupted the european commissions president during COVID https://en.wikipedia.org/wiki/Pfizergate.
They have shares in Airways, automobile industries, gas companies, petrochemicals, real estate,... Do you understand how capitalism work? The minute there will be a conflict between their financial interest and sustainability, they will pick the former.
Fuck norway, and fuck you
Jesus I didn't know it was that bad