“Norway’s voters are to give their verdict next week in what has become a ‘climate election’ — jolted into life by the UN report last month that issued a stark ‘code red’ over the impact of environmental change,” the Financial Times reports.
“The UN report has forced Norway to examine a big contradiction at the heart of its economy. The country is one of the largest proponents of green solutions such as electric cars and carbon capture storage: seven in 10 new cars sold last month in Norway were fully electric.”
“But the country is also western Europe’s biggest petroleum producer, with a massive sovereign wealth fund accumulated on the back of oil and gas output.”
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