There are a few rules for how much of the profits from this can be used annually, but here are the main points:
- the fund currently is worth 20,000 bln NOK (1800bln €, 360,000€ per person in Norway).
- the war in Ukraine has increased gas prices significantly, netting Norway about 180bln€
- the fund currently is worth 20,000 bln NOK (1800bln €, 360,000€ per person in Norway).
- the war in Ukraine has increased gas prices significantly, netting Norway about 180bln€
Comments
Since the fund is there to secure our futures, and we cant spend it in Norway, investing it in Ukraine makes sense. Morally, spending the proceeds from our war profiteering in such a way is the only right thing to do.