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NORWAY COMMITS TO CARBON NEUTRALITY BY 2030

06/13/2016

The parliament of Norway agreed unanimously to pursue carbon neutrality, cutting Norway's net greenhouse gas emissions to zero, by 2030—20 years earlier than its most recent goal of carbon neutrality by 2050. In order to meet this goal, either Norways' carbon output must be lowered or the country must purchase enough carbon credits to offset its emissions. In 2008, Norway set the same goal, but later pushed the timeline back to 2050 because international negotiations failed at reaching a global climate change deal. In light of the 2015 Paris accord, Norway moved its timeline back up to 2030. Currently, the country generates more than 95% of its electricity from hydropower, which provides limited scope for implementing further cuts in the power sector. Other strategies for cutting emissions include increasing the prevelance of electric vehicles, and providing electricity to oil and gas platforms from the national grid. For the full story, see http://uk.reuters.com/article/us-norway-climatechange-idUKKCN0YT1KM.