Norway plans to more than triple its national tax on carbon dioxide (CO2) emissions by 2030 to help it reach its climate goals, the government said on Friday, drawing criticism from the country's powerful oil lobby.
Norway plans to more than triple its national tax on carbon dioxide (CO2) emissions by 2030 to help it reach its climate goals, the government said on Friday, drawing criticism from the country's powerful oil lobby.
8 January 2021 14:39 GMT Updated 13 January 2021 14:39 GMT in Stavanger
Norway plans to hit oil and gas companies with an increase in carbon taxes to the end of the decade as the major producer nation unveiled a new climate plan aimed at tackling its carbon dioxide emissions.
In the plan unveiled on Friday outlining the Oslo administration s climate ambitions for the rest of the decade, the government is set to increase the total cost of CO
2 emissions to a ceiling of Nkr2000 per tonne in 2030 ($235), leading the lobby group for the country s oil and gas industry to warn of a potentially negative impact on activity.
Nonetheless, many also said they had faith in the resilience of the nation’s democratic institutions.
European Parliament President David Sassoli spoke of “deeply concerning scenes from the U.S. Capitol tonight.”
“Democratic votes must be respected,” Sassoli wrote in a tweet, adding: “We are certain the U.S. will ensure that the rules of democracy are protected.”
EU foreign policy chief Josep Borrell called the violence in Washington an assault on American democracy.
“In the eyes of the world, American democracy tonight appears under siege. This is an unseen assault on U.S. democracy, its institutions and the rule of law,” he wrote on Twitter.