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A ROBIN HOOD TAX: Norway to double carbon tax on oil industry, giving proceeds to poorer countries for climate change mitigation

A ROBIN HOOD TAX: Norway to double carbon tax on oil industry, giving proceeds to poorer countries for climate change mitigation | The Big Picture | Scoop.it

Extra funding for climate change mitigation and forestry programmes also part of oil-rich nation's radical programme...

Norway is to double carbon tax on its North Sea oil industry and set up a £1bn fund to help combat the damaging impacts of climate change in the developing world.

Norway will also plough an extra £1bn (Nkr10bn) into its funds for climate change mitigation, renewable energy, food security in developing countries and conversion to low-carbon energy sources, Environmental Finance reported.

It will step up spending on new projects to combat deforestation in developing countries to £44m, taking up its spending overall on forestry programmes to £327m. Previous forestry projects have involved Brazil, Indonesia and Ethiopia... 


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Radical Simplicity and the Middle-Class - Exploring the Lifestyle Implications of a ‘Great Disruption’

Radical Simplicity and the Middle-Class - Exploring the Lifestyle Implications of a ‘Great Disruption’ | The Big Picture | Scoop.it

"How would the ordinary middle-class consumer – I should say middle-class citizen – deal with a lifestyle of radical simplicity? By radical simplicity I essentially mean a very low but biophysically sufficient material standard of living, a form of life that will be described in more detail below. In this essay I want to suggest that radical simplicity would not be as bad as it might first seem, provided we were ready for it and wisely negotiated its arrival, both as individuals and as communities. Indeed, I am tempted to suggest that radical simplicity is exactly what consumer cultures need to shake themselves awake from their comfortable slumber; that radical simplicity would be in our own, immediate, self-interests."

 


Via Willy De Backer
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