The political goal is for Norway to maintain its oil wealth in perpetuity, long after North Sea wells may run dry, by only using an average of returns from the oil fund and not dipping into the fund itself. The “real returns” of the fund over time have been calculated at 4 percent, hence the 4-percent-handlingsregelen
An extremely long sighted bit of thinking. With oil depletion now occurring, unfortunately not an option for Scotland.
Now, back to the frothing idiocy...
Talk about arrogance, the Minister for Defence went to Faslane yesterday to announce that the UK government were planning to spend a vast amounts of money for the design of New Atomic Subs.
That "vast sum of money" equates to 0.05% of the total governments total expenditure this year. A drop in the bucket really, and safeguards a number of incredibly high tech industries (and the high value jobs that go with them)
This is to be done in 2016
No, wrong. A decision will be made in 2016 on whether to go ahead with the Trident replacement. The detailed design work is starting now.
Does this not tell you what this government thinks about Scotland.
It suggests that the government is fairly confident in a "No" vote. That's about it.
What if the SNP win the referendum vote ? will the UK government withdraw the subs from Faslane
Eventually, and at massive cost to both countries.
He also gave statistics about how many jobs would be created (as usual highly inflated).
Highly inflated how? This
article breaks it down quite nicely. 11,000 jobs in somewhere as deprived as Faslane is not to be sneezed at.
Do Scots really want to be the prime target if a war breaks out
If a real nuclear shooting war broke out, those who were "prime targets" would be the lucky ones. I'd certainly rather be incinerated in milliseconds rather than die from radiation poisoning or starvation in the inevitable nuclear winter.
I do not think so did we have a say about nuclear subs stationed at Faslane I do not think so.
Why should you? The population of the Midlands certainly didn't get a say in the 1960's. As with many things that are strategically important to the health of a nation - be it defence, power generation, waste disposal or mass transit - some people are going to be inconvenienced. If you delegate the actual decision
making to the local communities involved, nothing would get done.