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The Norwegian Oil Fund in a Warming World: What are the Interests of Future Generations?
Ethics, Policy & Environment ( IF 1.5 ) Pub Date : 2021-07-12 , DOI: 10.1080/21550085.2021.1940451
Anand Bhopal 1, 2
Affiliation  

ABSTRACT

The intended beneficiaries of the Norwegian Oil Fund are current and future generations of Norwegians, with the interests of current generations served through the expenditure of revenues on public services and the interests of future generations met by increasing the value of the fund. This formulation is reexamined in light of climate change and found to be narrow and incomplete and in tension with reducing carbon emissions in line with the Paris Agreement. I argue that a collective vision encompassing the financial and non-financial interests of current and future generations is needed and highlight the role of greater public deliberation.



中文翻译:

变暖世界中的挪威石油基金:子孙后代的利益是什么?

摘要

挪威石油基金的预期受益人是当代和后代的挪威人,通过将收入支出用于公共服务来满足当代人的利益,通过增加基金的价值来满足子孙后代的利益。鉴于气候变化,这一提法被重新审视,发现其范围狭窄、不完整,并且与根据《巴黎协定》减少碳排放存在紧张关系。我认为需要一个包含当代人和子孙后代的金融和非金融利益的集体愿景,并强调加强公众审议的作用。

更新日期:2021-07-12
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