There are lots of pushes to move the fund into carbon-neutral or negative investments, which would likely grow as the fossil fuel economy swan song starts.

However, I find it a bit disingenuous to chide Norway which is doing far better than much larger countries like the UK, US or Germany in transitioning to renewables.

I am not worried for Norway (though when the North Atlantic jetbtream shifts they will likely suffer) - I'm far more worried for the poor and marginalized peoples - they will suffer far more.

It's no surprise that thought leaders are worried about climate change impacts. Some will perversely benefit (politicians who are anti-immigration will gain populartiy because climate migrations are clearly defined by US defense dept as a likely result from climate change). Others may benefit by providing mitigating solutions to climate change itself that alter economies.

Its an endowment, they should be only spending a portion of the earnings not the principle. That way it will last in perpetuity instead of 10 years.

A comment above says that only 14% of GDP is oil dependent. That does look apocalyptic even if by magic oil demand drops to 0 tomorrow.

it’s actually $250k per person