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Norway Sticks to Guns on Oil Even While Boosting Green Energy

From bnnbloomberg.ca

Norway, Western Europe’s biggest oil producing nation, plans to expand its green energy industry and strengthen its power grid, but isn’t willing to budge when it comes to exploiting its oil and gas resources. Petroleum and Energy Minister Tina Bru today presented the government’s white paper on energy resources, a document outlining how Norway will meet its energy needs and reach climate goals. Despite increased pressure from smaller parties to change oil policy and a warning from the International Energy Agency that new oil, gas and coal fields need to be scrapped if the world is to reach net-zero by 2050, the ... (full story)

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