The EUs New Green Deal is finally escalating the green shift we’ve been waiting for. One of the many good things happening is that new investments will be marked as sustainable or unsustainable.
Unsustainable industries, like the petroleum industry, will therefore be less desirable to invest in. Norway will not get the stamp of sustainability on our petroleum industry, and henceforth have an added incentive to fully support renewable energy sources like wind, solar and water.
This may sound like a formality, but where the money flows, policy and action will follow. Christmas came early for the climate.
