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.

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