Norway to consider increasing 2020 CO2 cuts

OSLO (Reuters) – Norway will consider cutting its greenhouse gas emissions by more than a planned 30 percent by 2020 if it helps a U.N. climate deal due in Copenhagen in December, Prime Minister Jens Stoltenberg said Monday.

Norway, the world’s number five oil exporter, has already adopted a goal of cutting its emissions by 30 percent by 2020, partly by using its vast oil wealth to buy carbon emissions quotas on international markets.

More on Reuters.com

You may also like...