Norwegians have been snapping up electric cars: In the last three months of 2013, the Tesla Model S and Nissan Leaf outsold all other cars, including conventionally fueled models. But rather than environmental concerns, a host of government incentives — totaling an estimated $8,300 per vehicle — are largely driving the boom, the
In the US shale natural gas is now dominating pricing and supply. In Europe the king had been Russia natural gas. Norway overtook Russia as the main supplier of the European Union’s natural gas in 2012 as stated by the chief economist for the British Petroleum Group chief said in unveiling a new energy report in Brussels. Christof Rühl, who is also a BP vice
Norway has announced plans to nearly double its carbon tax on the nation’s offshore petroleum sector to create a £1 billion fund to help combat the effects of climate change, including in developing nations. In a draft budget released this week, government officials proposed a climate program that would increase the tax on oil companies from about £24 per ton of
Starting in 2006, the government of Norway created a target of reaching 30 Terra Watt hours of elevated annual production of energy efficiency and renewable energy by 2016. Currently, the power system in Norway is hydropower dominated. Over the last few years, due to the investment the Norwegian government has made to increase efforts in the development of
The Norwegian government has delayed until 2014 a highly touted project to capture and sequester carbon dioxide on a large scale, saying the project had become too complex to develop in the next several years.
The project, to be located at Mongstad in western Norway and developed in conjunction with the oil firm Statoil, was designed to capture carbon on an industrial scale, proving that the technology could safely and effectively be used to sharply reduce carbon emissions from coal-burning power plants.
The Norwegian Prime Minister, Jens Sotltenberg, had called the proposed Mongstad facility Norway’s “moonlanding” project.