Norwegian prime minister Jonas Gahr Støre (from the social democratic Arbeiderpartiet) said that they refuse to stop or even cut back on their fossil fuel drilling projects, saying that the solution will come from the demand side. I.e. he is hoping that demand for fossils will decrease as people stop flying, driving tractors, running factories and eating meat.
That is unfathomably wack.
Business is gonna keep pumping as long as consumers are buying, and consumers are gonna keep buying as long as business is pumping.
Policy-makers need to step in and regulate. Leave it in the ground. Stop the drilling.
Even the abyssal architect of endless exploitation himself, Friedrich Hayek, understood that. In the context of environmental collapse, he admitted:
In no system that could be rationally defended would the state just do nothing.
But by now it should be clear even to a wishful thinker like him that policy is ruled by corrupt cowards who would damn all of humanity for thirty pieces of silver. Cash rules everything around me.