Norway
In 2020-2021, in response to the COVID 19 pandemic, Norway has committed at least USD 11.76 billion to supporting different energy types through new or amended policies, according to official government sources and other publicly available information. These public money commitments include:
- At least USD 11.37 billion for unconditional fossil fuels through 4 policies (4 quantified)
- No public money commitments identified for conditional fossil fuels
- At least USD 382.21 million for unconditional clean energy through 1 policy (1 quantified)
- No public money commitments identified for conditional clean energy
- At least USD 2.23 million for other energy through 1 policy (1 quantified)
By energy type, Norway committed at least USD 11.37 billion to oil and gas (at least USD 11.37 billion to unconditional oil and gas).
In addition, no public money commitments identified for coal.
Further, no public money commitments identified for hydrogen based on fossil fuels.
Finally, no public money commitments identified for multiple fossil fuels.
A considerably larger amount of public money committed to supporting the economy and people of Norway through monetary and fiscal policies in response to the crisis may also benefit different elements of the energy sector. However, these values are not available from official legislation and statements and therefore are not included in the database. Meanwhile, in addition to monetary and fiscal measures, the database lists other policies and regulations that can also provide benefits to producers and consumers of different energy types.
These public money commitments are additional to many other government policies that had existed to support different energy types before the COVID19 pandemic.
More information on key poverty and inequality indicators in Norway can be found on the Inequality and Poverty Dashboard page.
At least
$11.37 billion
Supporting fossil fuel energy
$2,126.19
Per capita
At least
$382.21 million
Supporting clean energy
$71.47
Per capita
Norway
In 2020-2021, in response to the COVID 19 pandemic, Norway has committed at least USD 11.76 billion to supporting different energy types through new or amended policies, according to official government sources and other publicly available information. These public money commitments include:
- At least USD 11.37 billion for unconditional fossil fuels through 4 policies (4 quantified)
- No public money commitments identified for conditional fossil fuels
- At least USD 382.21 million for unconditional clean energy through 1 policy (1 quantified)
- No public money commitments identified for conditional clean energy
- At least USD 2.23 million for other energy through 1 policy (1 quantified)
By energy type, Norway committed at least USD 11.37 billion to oil and gas (at least USD 11.37 billion to unconditional oil and gas).
In addition, no public money commitments identified for coal.
Further, no public money commitments identified for hydrogen based on fossil fuels.
Finally, no public money commitments identified for multiple fossil fuels.
A considerably larger amount of public money committed to supporting the economy and people of Norway through monetary and fiscal policies in response to the crisis may also benefit different elements of the energy sector. However, these values are not available from official legislation and statements and therefore are not included in the database. Meanwhile, in addition to monetary and fiscal measures, the database lists other policies and regulations that can also provide benefits to producers and consumers of different energy types.
These public money commitments are additional to many other government policies that had existed to support different energy types before the COVID19 pandemic.
More information on key poverty and inequality indicators in Norway can be found on the Inequality and Poverty Dashboard page.
Public money commitments to fossil fuels, clean and other energy in Norway recovery packages, USD billion, in 2020-2021
| Country | Jurisdiction | Category | Policy name | Sector | Energy Type | Mechanism | Value committed, USD | Date of announcement | Stage | Legislation and Endorsing Agency | Arm of Government | Primary and secondary stated objective of the policy | Date of entry into force | Implemented repeal date, if any | Value committed, national currency | Value disbursed, national currency | Value disbursed, USD: | Policy background | Links to official sources | Links to additional sources | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Norway | National | Fossil unconditional | Deferral of taxes related to oil and gas production | Resources | Oil and gas | Tax or royalty or govt fee bre... | 10616838305.553 | 30/04/2020 | Exploration or production or processing or storage or transportation | Norwegian Government | Government | Offset oil price decline, economic crisis from covid-19 | 100000000000 | The Norwegian government presented to the Finance Committee a stimulus package for its oil and gas sector which includes increased depreciation and a more generous taxation regime. The policy will temporarily ease tax rules for oil and gas companies. "The plan does not change the headline tax rate of 78% that oil firms pay on profits, but by raising deductions on new investments, the taxable profits will become smaller in the next several years." The measure is expected to free up NOK 100 billion over two years for investments by oil companies. | https://www.stortinget.no/no/Saker-og-publikasjoner/Saker/Sak/?p=79780 https://www.regjeringen.no/contentassets/db9b4c93e0ea43f18ebe40a035f995d1/en-gb/pdfs/prp201920200113000engpdfs.pdf https://www.reuters.com/article/us-norway-oil/norway-eyes-temporary-tax-relief-for-oil-firms-idUSKBN22C1CR https://wwf.panda.org/our_work/climate_and_energy/?364175/Norway-fossil-fuel-COVID-19-options https://www.rigzone.com/news/norway_presents_measures_to_support_oil_and_gas-01-may-2020-161950-article/ |
" https://web.archive.org/web/20200616142910/ https://www.stortinget.no/no/Saker-og-publikasjoner/Saker/Sak/?p=79780 https://web.archive.org/web/20200616142703/ https://www.regjeringen.no/contentassets/db9b4c93e0ea43f18ebe40a035f995d1/en-gb/pdfs/prp201920200113000engpdfs.pdf https://web.archive.org/web/20200520152416/ https://www.reuters.com/article/us-norway-oil/norway-eyes-temporary-tax-relief-for-oil-firms-idUSKBN22C1CR" |
|||||
| Norway | National | Clean unconditional | Green Technology Crisis Package | Resources | Multiple energy types | Budget or off-budget transfer ... | 382206178.99989 | Several energy stages | Norwegian Government | Government | Support and restructure Norwegian economy during economic slowdown; support green technology development | 19/06/2020 | 3600000000 | The Norwegian government has commited NOK 3.6 billion on a range of green measures: research, technology development, circular economy and green maritime transport. The government wishes to facilitate that businesses can create green jobs and a more sustainable future. Hydrogen, battery technology, offshore wind and low-emission shipping are among the areas that will benefit. The money will be distributed in three categories: 1. Enova: NOK 2 billion will go to a Norwegian government enterprise responsible for promotion of environmentally-friendly production and consumption of energy. 2. Green platform: Over three years, NOK 1 billion will go into a “green platform” administered by the Research Council, Innovation Norway and Siva. Companies will compete for the money to develop new climate technologies. 3. Other measures: NOK 600 million will go to other measures, including green shipping, circular economy etc. | https://www.regjeringen.no/contentassets/a29386c923894b9b91a8df7a0903fff2/no/pdfs/prp201920200127000dddpdfs.pdf https://www.regjeringen.no/no/aktuelt/ny-side5/id2704503/ https://www.stortinget.no/no/Saker-og-publikasjoner/Saker/Sak/?p=80049 |
https://web.archive.org/save/ https://www.lifeinnorway.net/norway-proposes-nok-3-6-billion-green-investment-package/ https://web.archive.org/web/20200529214020/ https://www.nrk.no/norge/regjeringen-vil-bruke-3_6-milliarder-pa-gronn-krisepakke-1.15032796 |
|||||
| Norway | National | Other energy | Extraordinary subsidy of NOK 21 million to ONS (from previous Offshore North Sea), a non-profit orga... | Resources | Oil and gas | Budget or off-budget transfer ... | 2229536.044166 | 14/08/2020 | Exploration or production or processing or storage or transportation | Norwegian Government | Government | Cover part of the loses of the cancellation of ONS conference 2020 due to covid-19 | 21000000 | The foundation ONS (Offshore Northern Seas) had to cancel their yearly energy conference in 2020 due to the authorities measures against infection of the virus, leading to a difficult economic situation for the foundation. Proposed in the national budget changes in 2020. The amount of 21 million NOK will cover part of the losses of the ONS in 2020. Disbursment of the grant needs to be notified and accepted by the EFTA's (European Free Trade Association) supervision organ ESA (EFTA Surveillance Authority) | https://www.regjeringen.no/contentassets/83ad228ae58b41b798dc8f6934bc374a/no/pdfs/prp201920200142000dddpdfs.pdf |
https://klassekampen.no/utgave/2020-08-17/oljetilskudd-far-kulturkritikk |
|||||
| Norway | National | Fossil unconditional | Purchase of home transport by plane from Norwegians traveling | Mobility | Oil and oil products | Budget or off-budget transfer ... | 10616838.305553 | 21/03/2020 | Energy use (all energy types, consumption in transport, household use, buildings etc) | Norwegian Government | Government | Secure operation of aviation companies | 100000000 | The government wants to help Norwegians travel abroad gets safely home to Norway. The government is working closely with the airlines to assist Norwegian citizens in returning to Norway. | https://www.regjeringen.no/contentassets/764cd155a53042bcbb35cb857557d88c/no/pdfs/prp201920200057000dddpdfs.pdf |
||||||
| Norway | National | Fossil unconditional | Purchase of of domestic flights | Mobility | Oil and oil products | Budget or off-budget transfer ... | 106168383.05553 | 21/03/2020 | Energy use (all energy types, consumption in transport, household use, buildings etc) | Norwegian Government | Government | Secure operation of aviation companies | 1000000000 | The purchase applies to flights where there is no basis for commercial operation. Airlines operating existing routes with a state contract (FOT routes), maintains the capacity of the route network until further notice | https://www.regjeringen.no/contentassets/764cd155a53042bcbb35cb857557d88c/no/pdfs/prp201920200057000dddpdfs.pdf |
||||||
| Norway | National | Fossil unconditional | Subsidy for loss provision for aviation guarantee scheme | Mobility | Oil and oil products | Budget or off-budget transfer ... | 637010298.33316 | 21/03/2020 | Energy use (all energy types, consumption in transport, household use, buildings etc) | Norwegian Government | Government | Secure operation of aviation companies and avoid unemployment | 6000000000 | The aviation industry is in a critical situation after the spread of the coronavirus. The airlines constitutes a central part of critical Norwegian infrastructure. If companies do not have access to increased liquidity, there is a significant risk of bankruptcy. The government will, through a warranty facility, help avoid this. | https://www.regjeringen.no/contentassets/764cd155a53042bcbb35cb857557d88c/no/pdfs/prp201920200057000dddpdfs.pdf |
Argentina
Australia
Bangladesh
Brazil
Canada
China
Colombia
European Institutions
Finland
France
Germany
India
Indonesia
Italy
Japan
Mexico
New Zealand
Poland
Republic of Korea
Russia
Saudi Arabia
South Africa
Spain
Sweden
The Netherlands
Turkey
Ukraine
United Kingdom
United States
Vietnam