Akademiets utvalg for klima, miljø og ressursbruk

Should climate policies be directed towards fossil fuel producers?

Det Norske Videnskaps-Akademi, Drammensveien 78

During decades of international climate policy negotiations, aiming to limit demand for fossil fuels, the stock of carbon dioxide in the atmosphere has increased considerably, and even the flow of emissions to the atmosphere continues to grow.

To reach the Paris Agreement’s goal of keeping global warming well below 2°C, substantial parts of the world’s fossil fuels simply cannot be combusted and must be left in the ground. Recent work thus suggests redirecting climate policies toward fossil fuel producers directly by capping the flows of extraction and restricting the stocks of resources available for exploration. Could this be an effective measure to reduce carbon emissions?

Foto: Clyde Thomas/Unsplash

18:00          Welcome and background for today's meeting
                      Nils Chr. Stenseth, Chair of the Academy’s committee on Climate,
                      Environment and Resources

18:10           The case for a supply-side climate treaty
Karine Nyborg, Universitetet i Oslo

18:30          First Thoughts on the Case for Limiting Fossil Fuel Supply in a Climate                                   Treaty
Scott Barrett, Columbia University

19:00           Climate strategies for fossil fuel importers rather than exporters
                      Thomas Sterner, University of Gothenburg

19:10           Introduction on Norwegian Policy
Rikard Gaarder Knutsen  State Secretary, OED

19:20          Panel Debate

20:00          End 


The meeting is open for all, but requires registration here