Norway's Green Energy Goals

Norway is grappling with the challenge of becoming a leader in green energy while relying heavily on its oil reserves. The recent release of the state budget, particularly the Green Book detailing climate policies, highlights the gap between Norway's ambitious goals and the current reality of emissions reductions. While aiming for a 55% reduction in emissions by 2030, projections suggest actual reductions may only reach 26% under current practices. This discrepancy raises concerns about Norway's strategy, which includes purchasing carbon quotas from other countries instead of directly cutting emissions.