Norway opportunities and problems
- Created by: ElizabethAnna
- Created on: 30-04-13 17:14
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- Norway - Social, economic & environmental opportunities & Problems created by the exploration of energy resources
- Oppertunities
- Social
- Pop is small 4.5m so benefits per person are considerable
- Standard of living is higher than it would be without oil and gas
- Incomes are higher
- Country is able to afford a welfare system which is one of the best in the world
- Community development is a top priority
- Revenue from oil and gas has allowed a high per capita spending on sports, youth, transport and general facilites
- Economic
- Oil and gas revenue accounts for 1/3rd of export earnings
- 3rd largest in the world and vital to economy
- 80,000 people are employed and 25,000 jobs are directly and indirectly emplyoed
- Boosted technological development in other industires
- Created a cycle of cummulative causation in the reigons affectd
- Oil and gas revenue accounts for 1/3rd of export earnings
- Environmental
- H.E.P accounts for 99% of electricity generation
- One of Europe's cleanest nations in terms of energy use
- 850 H.E.P plants, total capacity of 27,000 MW
- Social
- Problems
- Environmental and economic concerns have been raised
- Large number of H.E.P plants are bringing an increasing number of heavy industries to Norway, attracted to cheaper H.E.P
- Danger of major maritime incident is always possible
- What is being done?
- Norway has a Renewable Energy Programme, its main objective is to reduce H.E.P transmission to develop undersea cable technology
- It is looking at solar, wind and biomass possibilities
- Locals and politicians realise that their oil and gas revenues have been placed in a Government Petroleum Fund
- This money is invested in abroad and is now valued at more than $150 billion
- Norway has a Renewable Energy Programme, its main objective is to reduce H.E.P transmission to develop undersea cable technology
- Environmental and economic concerns have been raised
- Oppertunities
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