By A Henry (Arnold Henry) Savage-Landor
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Extra info for Across Coveted Lands: Or, a Journey from Flushing (Holland) to Calcutta, Overland, Volume 1
The petroleum sector has to pay for all their quotas. The effects in the table therefore show the combined effect of the CO2 tax and the price of the CO2 quotas. 11. Based on calculations by Statistics Norway, excluding reductions in N2O emissions from nitric acid production. 12. A revised emissions-trading scheme from 2013 may include other effects. Source: Norway’s 5th UNFCCC National Communication. 31 © OECD/IEA, 2011 Concerning the 2020 target to reduce GHG emissions by 30% from the 1990 levels, the government is working on a White Paper on Climate Policy, to be published in 2011.
More than 70% of greenhouse gas emissions are covered by emissions trading or the CO2 tax. The Norwegian approach to emissions trading is exemplary in three respects: the use of auctioning went well beyond the EU average; the overall cap on emissions was tighter than that set by EU member states; and since 2009, the scope of the Norwegian system has been wider than that generally seen in the EU‐ETS with the inclusion of nitric acid producers. 34 © OECD/IEA, 2011 The context within which Norwegian energy‐related policies are formulated and implemented changed significantly when Norway was linked to the EU‐ETS.
Policy packages to promote energy efficiency in small and medium‐sized enterprises. Action is needed to promote: Utility end‐use energy efficiency schemes. Implementation of IEA energy efficiency recommendations can lead to huge cost‐ effective energy and CO2 savings. 2 Gt CO2 per year by 2030. This is equivalent to twice the European Union’s current yearly emissions. Taken together, these measures set out an ambitious road‐map for improving energy efficiency on a global scale. RECOMMENDATIONS The government of Norway should: Consider developing a national strategy on energy efficiency.