The oil price shows no sign of recovery any time soon; thousands of jobs are being lost; the big producers have left the North Sea and the smaller ones are following suit. Scotland needs to start real planning for the post-oil – and post-carbon – economy.
Norway
Window for a Scottish natural resource fund closing
Time is running out for Scotland to create a Norwegian-style sovereign wealth fund based on oil revenues. But what if the Scottish Government decided instead to establish a renewables-based fund? A Dane looks at the options and pitfalls in the third of our Napier student blogs.