BalpeenHammer@lemmy.nz to Aotearoa / New Zealand@lemmy.nz · 6 days agoTIL. Norway taxes oil companies 78% and we only take 5% royalties.message-squaremessage-square14fedilinkarrow-up1197arrow-down12file-text
arrow-up1195arrow-down1message-squareTIL. Norway taxes oil companies 78% and we only take 5% royalties.BalpeenHammer@lemmy.nz to Aotearoa / New Zealand@lemmy.nz · 6 days agomessage-square14fedilinkfile-text
minus-squareTagMeInSkipIGotThis@lemmy.nzlinkfedilinkarrow-up10·5 days agoIf I understand the argument is that we have no expertise in finding and extracting it, so we have to offer bigger concessions to get anybody to do it. Which sounds like the wrong solution to the problem, but what would I know?
minus-squareBalpeenHammer@lemmy.nzOPlinkfedilinkarrow-up2·4 days agoWhat’s the argument for taking such a low cut of the profits?
minus-squareDragon Rider (drag)@lemmy.nzlinkfedilinkEnglisharrow-up8·5 days agoMaybe nobody should extract it.
minus-squareTagMeInSkipIGotThis@lemmy.nzlinkfedilinkarrow-up3·5 days agoOther than CNG/LPG I don’t think any NZ cars have run on what we extract for at least a few decades now (could well be wrong). Fortunately electric cars exist and they can go whrrrrrrrr instead of brrrrr!
minus-squareVenator@lemmy.nzlinkfedilinkarrow-up2·1 day agoAlso we could probably build enough bio fuel capacity for all the cars to keep going brr in a carbon neutral way for those that are keen on that sort of thing.
minus-squareDragon Rider (drag)@lemmy.nzlinkfedilinkEnglisharrow-up5arrow-down1·5 days agoGood. Car is noisy and annoying.
If I understand the argument is that we have no expertise in finding and extracting it, so we have to offer bigger concessions to get anybody to do it.
Which sounds like the wrong solution to the problem, but what would I know?
What’s the argument for taking such a low cut of the profits?
Maybe nobody should extract it.
Yeah but then car no go brrrrrr
Other than CNG/LPG I don’t think any NZ cars have run on what we extract for at least a few decades now (could well be wrong).
Fortunately electric cars exist and they can go whrrrrrrrr instead of brrrrr!
Also we could probably build enough bio fuel capacity for all the cars to keep going brr in a carbon neutral way for those that are keen on that sort of thing.
Good. Car is noisy and annoying.