norway

Norwegian Oil Fund Ready To Divest From Oil & Gas

Norway, which is still a monarchy, has two sovereign wealth funds. The Government Pension Fund Global, also known as the Oil Fund, was established in 1990 to invest the profits from the country’s petroleum sales. As of September of this year, it was valued at more than $1 trillion, equal to $192,307 per Norwegian citizen. The other

ExxonMobil Says Goodbye To Russian Arctic Oil Well (Part 1)

You may well ask why PlanetSave, a blog usually dedicated to positive developments and actions to save the earth, is reporting news about ExxonMobil and a Russian arctic oil well. The oil discovery appears to have nothing to do with solar or wind or most of our usual topics—we’re talking fossil fuels here, which have caused much

UN Nails Forest Risks, Strategy In Warsaw With REDD+

At the late November meeting of UN climate delegates in Warsaw, negotiators from Canada–once a strong supporter of fast-start financing to limit greenhouse gas emissions from developing countries–and Australia, now led by a rashly conservative government, sat on their hands. Reeling from the costs of mitigation at Fukushima and a stopgap return to fossil fuels,

Rare Protozoan Confirmed as Most Distant Relative of Humans

  Humankind’s most distant relative has been found to be a very rare micro-organism living in the sludge at the bottom of a Norwegian lake. The discovery may give insight into what life looked like one billion or more years ago. The protozoan lives in a small lake 30 km south of Oslo, Norway. After

Norway's Nonviolent Example, A Happy Note in Conflict Struggles

  Human Potential For Peace Pursuing economic justice with nonviolent protest is not new, not an invention of the present Occupy movement. It has been around probably as long as economic injustice has been around. One relatively recent example is that it effectively produced change in the 1930s for Northern Europeans who were starving. George

U.S. Declares Iceland in Violation of Global Whaling Ban, May Impose Sanctions

On July 20, 2011, U.S. Dept. of Commerce Secretary Gary Locke formally declared the nation of Iceland to be in defiance of the International Whaling Commission’s global ban on commercial whaling. The declaration was met with over-whelming approval by numerous NGOs and conservation groups the world over. As a result of the commerce secretary’s declaration, President Obama now has 60 days to decide whether to impose economic penalties and/or trade sanctions against Iceland. Such sanctions are authorized under legislation known as the ‘Pelly Amendment’.

Carbon Release 10 Times as Fast Today than Historically

The Paleocene-Eocene Thermal Maximum (PETM), which took place some 55.9 million years ago, is the best analogue that we currently have for understanding what might happen if greenhouse gas emissions are not curtailed soon, and according to a new study, the rate of release of carbon dioxide into the atmosphere today is 10 times as fast when compared to the PETM.

Kate Winslet, PETA Oppose Foie Gras

http://www.youtube.com/watch?v=BAzrSl0ztsQ Foie gras is a “luxury food” or delicacy. However, if you watched the video above, I imagine you’d rather not pay anything for it. Completely horrifying. It is nice to see Kate Winslet joining the Pope, world-renowned chef Wolfgang Puck, PETA, and others trying to bring an end to the consumption and commercial sale

Global Warming Could Trigger Colder Winters in Europe

In another example of just how little we have a grasp on the mechanics of our planets climate system, new research out of Potsdam Institute for Climate Impact Research has predicted colder winters as a result of global warming in the Arctic. According to a study that was recently published in the Journal of Geophysical

Controversial New Whaling Quotas Proposed by IWC

A controversial new proposal would allow nations (i.e. Japan, Norway and Iceland) to kill endangered whales. Quotas will be based on politics, not science. In 1986, commercial whaling was officially banned by the International Whaling Commission (IWC), an entity established to protect dramatically declining whale stocks. Despite this ban, certain nations, most notably Japan, Norway

Depletion of Cold North Could Spark New Cold War

We’ve written often recently off the challenges soon to be faced by the continuing melt of the Arctic. Without a doubt, there are resources up there that someone will attempt to get their grubby little hands on. And, with the price of oil continuing to skyrocket with each passing month, if oil is found in

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