Today, Norway is far from being on track with its climate goals. Neither the current government nor previous governments have presented credible plans for climate cuts in Norway that are in line with the 1.5-degree target. Instead, the Norwegian response has, for decades, been to rely largely on the purchase of carbon credits to outsource emissions cut in other countries, rather than on real transformation in Norway.
The government’s major flagship policies for climate reduction are technological solutions such as carbon capture and storage, and climate targets are largely dependent on the success of the various carbon capture projects. The investment in carbon capture technology at two emission points, a cement factory and a waste incineration plant, has already cost the state 24 billion kroner. Yet there has been very little debate in the Norwegian public about how this technology actually works, and what potential risks it poses. At best, this contributes to an ill-informed public debate, and at worst, to major mistaken investments and decisions made on the wrong basis.
On these pages, we attempt to draw attention to some of the negative aspects of carbon capture and storage, and attempt to explain why no more subsidies should be given to the oil industry’s favorite measure.