– We are going through the biggest restructuring the Norwegian economy has seen in recent times, says Prime Minister Jonas Gahr Støre (Labor). Together with Minister of Trade and Industry Jan Christian Vestre (Labor Party), Støre had chosen Rosenberg Verft in Stavanger to present the climate plan for Norwegian industry on Thursday. Rosenberg Verft in Stavanger. Photo: Øystein Otterdal / news The government is now presenting what they call a road map for a green industrial lift. It shows how Norway should be closed with new, green establishments in the industry and at the same time strengthen the industry that already exists in this country. Seven areas selected The seven areas they have selected are offshore wind, hydrogen, battery, maritime industry, CO₂ management, forestry, wood and bioeconomy, and process industry. In the Hurdal platform, the climate cut target was set at 55 per cent by 2030. To achieve this, they must include Norwegian industry in the cut. With the road map, the government will facilitate faster development of green projects within the seven areas. Norwegian industry must come up with good projects and invest money itself, but the government also promises money. Visions for the seven areas Havvind: Norway will become a leading nation. By 2040, the ambition is to allocate area with potential for 30 GW of offshore wind production on the Norwegian shelf. Battery: Norway will develop a profitable battery value chain from mineral extraction to battery recycling. Norway will attract the large battery investments and the gig factories. Hydrogen: Norway will develop a value chain for production, distribution and use, and contribute to developing the market in Europe. CO₂: Norway will commercialize world-leading solutions for capture, storage and use that create profitable jobs and cut global climate emissions. Process industry: Norway must have the world’s cleanest, most modern and energy efficient – without greenhouse gas emissions. Maritime industry: Norway will show the way into the green shift by developing, building and using zero-emission solutions and autonomous vessels. Forest, wood and bioeconomy: Norway will have the most sustainable forestry in the world. The biological resources from the sea and land will be climate-friendly and profitable products. Source: Government Minister of Trade and Industry Jan Christian Vestre (Labor Party). Photo: Remi Sagen / news 60 billion until 2025 60 billion, to be exact. – The government will contribute with state risk relief to green industrial projects. The need is estimated at around NOK 60 billion until 2025. The business community can be confident that we will show up, says Minister of Trade and Industry Jan Christian Vestre (Labor). The money will be used through schemes for government loans, guarantees and equity. – We need many more heads and hands for the green industrial promise. Therefore, we will include more people in working life, expand faster and more relevant educational courses where people live, and implement a broad competence reform in the business community that will ensure industry professionals, says Støre.
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