Energy Policies of IEA Countries – Norway 2017 Review
Last week, the International Energy Agency (IEA) released its latest addition to the “Energy Policies of IEA Countries – Review” series, which focuses on Norway and its energy policies; “Energy Policies of IEA Countries – Norway 2017 Review”.
The report finds that Norway’s energy policies on hydrocarbon resources and revenues promote both the country’s sustainability and reliability as a supplier of oil and gas. However, what the report also finds is that as the world is moving towards a future with lower reliance on fossil fuels, the Norwegian Government needs to consider new ways and methods to sustain its prosperity in a potential future with lower oil and gas revenues.
Moreover, whilst the report notes that Norway has set ambitious targets to reduce its greenhouse gas emissions, it also finds that the Government needs to put more efforts into defining how exactly these targets will be met.
To read the full review, please click here.