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Comment by theodorton

13 hours ago

There are government subsidies for consumers to either have a fixed price or a price cap on electricity in Norway as a political response to the increase. This would be harder to pull off if not most of the profits from export didn’t land in the public sector (either taxes or government owned energy companies).

Norway has experience circumventing the resource curse/Dutch disease with undersea oil. Hopefully they'll manage it this time too.