Norway's government has allocated 2 billion Norwegian krone to support the GoliatVind floating offshore wind farm project in the Barents Sea. The project aims to provide renewable power to coastal communities and electrify offshore oil and gas platforms. The funding is seen as crucial for transitioning the industry away from fossil fuels.
Norway's proactive policies propelled it to the forefront of global electric vehicle adoption. By eliminating taxes on EV purchases, installing charging stations, and granting perks like bus lane access, Norway saw over 54% of new car sales as fully electric or plug-in hybrids. Their success offers valuable lessons for policymakers worldwide aiming to accelerate EV adoption.
Norway aims to become a key player in carbon dioxide storage, leveraging its experience in capturing CO2 from offshore operations. The country plans to repurpose existing infrastructure to provide carbon removal services to European nations, but faces challenges in transportation, regulation, and funding. With the right support, Norway could significantly contribute to decarbonizing European industry.
The Trash Economy 