- News & Views
- Solution Providers
Norway to Reduce GHG Emissions 40%
October 8, 2009
October 9, 2009 - The Norwegian government has announced that they will reduce greenhouse gas emissions 40% by 2020 based on 1990 emissions levels, the largest goal set by any industrialized country to date.
The country had previously set a target of 30% emissions reduction by 2020, and has raised the stakes for other countries participating in the Bangkok climate talks leading up the summit in Copenhagen. The European Union and Switzerland have committed to a reduction of 30% by 2020, with the stipulation that an agreement must be met at Copenhagen in December, reports Bloomberg.
Developing nations are asking the industrialized world to reduce GHG emissions by at least 40% to avert the worst effects of climate change, but to this point Norway is the only country meeting that request. The Bangkok meeting has been a productive one, with the U.S. and E.U. agreeing to cut tariffs on cleantech products in exchange for a deal in December, and many countries agreeing to phase out fossil fuel subsidies at the G20 last month in Pittsburg.