1. Climate policy and climate goals in Norway.
- Author
-
Golombek, Rolf and Hoel, Michael
- Subjects
ENVIRONMENTAL policy ,GREENHOUSE gas mitigation - Abstract
This paper examines the Norwegian policy to reduce emissions in the short term and the strategies proposed to promote technology switching and facilitate Norway's transition to a climate-neutral society by 2050. Relying on European tradable emissions permits and domestic emission taxation is not regarded as sufficient to meet the ambitious long-term target of becoming a low-carbon society by 2050. The key policy recommendations from our analysis are: First of all, Norway should carefully reconsider the goals and policies in place aimed at sectors already covered by the EU ETS. Second, although subsidising electric vehicles has been a good policy in the past, the time may have come to gradually phase out these supports. Finally, establishing new 'green' industries in Norway should be based on sound economic principles. [ABSTRACT FROM AUTHOR]
- Published
- 2023