CO2 Capture

Norway is in many ways a micro-cosmos of what's happening at a global scale, only more extreme. The reason for this is its history of conformity and progressivism. People are genuinely eager to embrace modernity in all its forms, and are equally willing to give up on a lot of material comforts in order to get there. This puts Norway at the leading edge of developments in global politics. Add to this the formidable size of its sovereign wealth fund, and we can see where things are headed.

The Norwegian government has amassed a whopping 200,000 dollars of assets for each of its subjects. This has been achieved through aggressive taxation and licensing of its offshore oil industry, and has been hailed as an example to follow by progressives all over the world. However, what is not told is that all this wealth has already been spent. Much of it is invested in stuff of dubious real value, and the rest is committed to projects of equally dubious value.

The real lesson from the Norwegian experiment is not that government is good at taking care of its subjects' savings. It's the opposite. The Norwegian government has squandered all the money that its subjects have entrusted it to take care of, and this has been done in a truly grotesque manner.

Norway's coastline is the main migration route of countless birds. It's also magnificent in its rugged beauty. But this has not stopped Norwegian politicians from investing their subjects' money into enormous wind turbines that have a dismal net return on investment. These enormous structures litter the landscape, and chop up birds as they fly past. The death toll of birds is in the thousands. Yet this is somehow considered green energy.

Another insane project that Norway has embarked on is that of CO2 capture, a technology that has a guaranteed net loss to its sponsors. The idea is to tax everyone in the world through the help of the UN and in this way bring some money back to Norway where CO2 capture will be implemented. While this may yield a small profit for the Norwegian government, it's guaranteed to be a financial burden on people all over the world. CO2 capture doesn't produce anything, so it will be a cost without any real effect.

CO2 capture will have no measurable effect on the CO2 content of our atmosphere. It's a technology that cannot possibly work, because the CO2 content removed by such technology will immediately be replenished from natural sources, such as our planet's oceans and top soil. All that will be achieved is taxation without benefits.

But even if it were to work, it would be of dubious value. Overlooked in all of the excitement over CO2 capture is the fact that CO2 is a fertilizer. It's essential for food production. If CO2 is removed from the atmosphere, crop sizes will shrink, with global famine as a likely consequence. Anyone using micro-composters can verify this. CO2 is a remarkable life giving gas with a decidedly undeserved reputation.

The conclusion we can draw from this is that it's a very bad idea to entrust politicians to take care of our savings. Those who trust in politicians are likely to be sorely disappointed. They are also likely to be shocked to see what sort of investments are made on their behalf.

Micro-composter