Carbon compensation for Norwegian firms

The Norwegian Government has announced a $90 million (£55.9 million) scheme to keep its energy-intensive users in the country. Norway’s Prime Minister Jens Stoltenberg told a news conference yesterday that the energy-intensive manufacturing industry would be compensated for higher electricity prices. He said: “The purpose is to prevent Norwegian manufacturing industry from moving their enterprises […]

Cameron signs landmark UK-Norway energy deal

Prime Minister David Cameron signed a “landmark” agreement in Oslo today with Norwegian Prime Minister Jens Stoltenberg strengthening energy links between the UK and Norway. The agreement focuses on safe and environmentally sensitive oil and gas exploration, long term gas supplies, investment in renewable energy and electricity interconnection. Mr Cameron said: “This will mean more […]