A new report by ActionAid Denmark, Urgewald, Oil Change International, Greenpeace Norway, the Norwegian Forum for Development and Environment and Future in our hands, has exposed the truth behind the Norwegian Oil Fund’s commitment to exit coal, revealing the fund still has billions of US dollars invested in the polluting industry, making it Europe’s largest institutional investor in coal.
Norway
Oil Change International response to Norway’s postponement of new licensing round
The Norwegian Government just postponed one of the country’s two oil and gas licensing rounds for the next three years. The decision was part of Norway’s minority government’s budget deal with the opposition Socialist Left Party (SV).
BREAKING: Equinor postpones Wisting Oil Field
Today in a huge win for climate, environment, and people, Equinor ASA announced that they are postponing the investment decision on the Wisting oil field in Norway.
Response: Norway and the European Commission lock in decades of additional oil and gas production, abandoning climate leadership
Yesterday, the government of Norway and the European Commission released a joint statement on energy cooperation in which the EU officially supported “continued [oil and gas] exploration”.
Climate hypocrite: Norway has opened up billions of barrels of new oil and gas resources
A new briefing released today by OCI reveals that over the last ten years Norway, which calls itself a climate leader, has become Europe’s “most aggressive explorer for new oil and gas.” It is climate hypocrisy..
New briefing exposes Norway as Europe’s most aggressive oil and gas explorer
A new briefing released today reveals that, despite claiming to be one of the world’s climate leaders, Norway has exponentially ramped up its exploration licensing over the past 10 years, making it Europe’s most aggressive explorer for new oil and gas.
The Aggressive Explorer: How Norway’s Rapid Ramp-up of Oil and Gas Licensing Is Incompatible with Climate Leadership
This briefing reveals that over the last 10 years, the Norwegian government awarded as many exploration licenses (700) as in the 47 years prior, making Norway Europe’s most aggressive explorer for new oil and gas. Norway claims to be a climate leader, but its actions suggest otherwise.
Despite climate emergency, the United States, Canada, and Norway “pumping more oil than ever”
Last year the world’s leading climate scientists, the IPCC, issued a “code red” for humanity and outlined how we had to stop oil and gas drilling if we wanted a liveable future. But still we drill. Take three countries who like to see themselves as climate leaders…
New report exposes five wealthy countries whose fossil fuel production threatens chance at 1.5ºC
The new report finds that wealthy nations — the United States, United Kingdom, Canada, Norway, and Australia — planning to approve and subsidize new fossil fuel projects which undermines their recent claims of leadership in addressing the climate crisis.
The Fossil Fuelled Five: Comparing Rhetoric with Reality on Fossil Fuels and Climate Change
The new report finds that wealthy nations — the United States, United Kingdom, Canada, Norway, and Australia — planning to approve and subsidize new fossil fuel projects which undermines their recent claims of leadership in addressing the climate crisis.