Norway will struggle to cut dependence on oil and gas

Norway’s ambitious climate goals are losing out as it tries to balance them with its economic reliance on oil and gas

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In this article

  • Norway's prosperity is built on hydrocarbons
  • Norway's oil wealth challenges its climate goals
  • Norway's emissions reduction record is poor
  • Public support is lacking
  • Low tolerance for higher energy prices
  • Widespread climate scepticism

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.