‘I spend less, that’s all that matters’: life in the world’s most electrified countries
https://www.theguardian.com/environment/2026/nov/13/i-spend-less-thats-all-that-matters-life-in-the-worlds-most-electrified-countries
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@mpjgregoire @dyckron
The Norweigans stood strong decades ago when the oilmen tried to roll them like they had done so successfully to Alberta. The Norweigans were also smart, they simply did the opposite of Alberta: they maintained the Lougheed royalties plan instead of undermining it and also maintained democratic oversight of the industry while Alberta (and now AB-Carney's Canada) is now a petrostate with the public paying oodles of taxes to the oilmen that run the province.
@NMBA
If I understand correctly, Norway modelled its sovereign wealth fund upon Alberta's Heritage Fund.
I remember reading a former Albertan politician argue that the province should put all oil and gas royalties into the Heritage Fund and then the government should receive the revenues from the fund (not the royalties directly) —https://albertapolitics.ca/wp-content/uploads/Danielle-Smith-Challenges-Paper.pdf . I wonder whatever happened to her?
@mpjgregoire @dyckron
Yep, there's also the Alaska royalties model where the citizens get royalties directly, which would've been vastly superior to what Albertans actually got from the crown resource. Albertans chose to continually decrease royalties rates for their yankee oilmen influencers/overlords...and Alberta's debt grew lock step with it.
@dyckron Norway has a €146.23 / tonne #CarbonTax to drive the transition away from fossil fuels. It's a shame we Canadians don't learn more from them.