Carbon Taxes > ANALYSIS: Norway’s symbolic first step towards reining in its oil industry

ANALYSIS: Norway’s symbolic first step towards reining in its oil industry

Published 20:19 on December 1, 2021  /  Last updated at 20:55 on December 1, 2021  / Katherine Monahan /  Carbon Taxes, EMEA, EU ETS, International

Norway's decision this week to deny oil exploration licences in virgin or little-explored areas in 2022 is seen by experts as a largely symbolic move that nonetheless reflects the mounting pressure on the major fossil fuel producer to curb its exported emissions.
Norway's decision this week to deny oil exploration licences in virgin or little-explored areas in 2022 is seen by experts as a largely symbolic move that nonetheless reflects the mounting pressure on the major fossil fuel producer to curb its exported emissions.


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