Caspian Energy (CE): What measures and activities will the new government carry out domestically to reduce Norway’s greenhouse gas emissions by 50-55% by 2030?
Espen Barth Eide, Minister of Climate and Environment of Norway: This government has in its new platform set out an ambitious framework for the climate policy in the years to come. We need effective measures that reduce emissions fast.
Our plan is to work with business, industry, and the social partners, involving all parts of society, to help us all succeed the transition towards a renewable, circular and sustainable future. This transition will make a difference in Norway. But our ambition goes further: We aim to develop and export new technology that can be of use beyond our borders. Our active industrial policy will support technologies reach their tipping points. In doing so, correct carbon pricing is essential. Norway has a long tradition with carbon pricing, and this Government recently decided to raise the CO2-tax and to gradually increase the CO2 tax to 2000 NOK in 2030, for emissions not covered by the EU Emissions Trading System. Efforts to develop green technology in the industry will be further strengthened through the state-owned fund and enterprise Enova.
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