ELI5; What will happen to the oil producing countries when we switch away from fossil fuels?

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ELI5; What will happen to the oil producing countries when we switch away from fossil fuels?

In: Economics

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Anonymous 0 Comments

Norway invests a lot of the money they get from oil into the stock market, because they realize the oil isn’t going to last forever. That [investment](https://www.nbim.no/) is currently worth more than $1.3 trillion, or $255,000 per Norwegian.

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