Climate policy and climate goals in Norway
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Forfattere:
Golombek, Rolf and Michael Hoel
År:
2023
Referanse:
Sammendrag (engelsk)
This paper examines the Norwegian policy to reduce emissions in the short term and the strategies proposed to promote technology switching and facilitate Norway’s transition to a climate-neutral society by 2050. Relying on European tradable emissions permits and domestic emission taxation is not regarded as sufficient to meet the ambitious long-term target of becoming a low-carbon society by 2050. The key policy recommendations from our analysis are: First of all, Norway should carefully reconsider the goals and policies in place aimed at sectors already covered by the EU ETS. Second, although subsidising electric vehicles has been a good policy in the past, the time may have come to gradually phase out these supports. Finally, establishing new 'green' industries in Norway should be based on sound economic principles.
Nøkkelord:
climate neutrality, EU ETS, green industries, CCS, hydrogen.
Prosjekt info:
Oppdragsgiver: Norges ForskningsrådOppdragsgivers prosjektnr.: 324892
Frisch prosjekt: 3174 - Developing value chains for CO2 storage and blue hydrogen in Europe (DEVICE)
