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ClimateGenn hosted by Nick Breeze

Should Norway’s Equinor energy company cease new oil and gas production to avoid irreversible climate catastrophe? Ola Elvestuen MP for Oslo is not so sure.

29 Nov 2024

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Welcome to this episode of ClimateGenn recorded at the end of COP29 in Baku, Azerbaijan. The question we are putting to Norwegian MP for Oslo, Ola Elvestuen is: Should Norway’s Equinor energy company cease new oil and gas production to avoid irreversible climate catastrophe? A quick note that if you want to come with me into the COPs from COP21 Paris to COP28 in the UAE, meeting lots of experts, and digesting the layers of complexity and eye-popping contradictions, over a beer or glass of wine, then order my book ‘COPOUT - How governments have failed the people on climate’, from any online retailer. COPOUT has been commended as ‘A Must Read’ and ‘Essential Reading’, taking the reader up close to the worlds largest summit to try to change our current disastrous trajectory for climate breakdown. Norwegian fossil energy company, Equinor, formerly Statoil, has been widely criticised for not aligning with the Paris Agreement. Equinor continues to plan for expanded oil and gas production, maintaining a dangerously high 95% reliance of fossil fuel revenue by 2026. Critics argue that Equinor must halt new fossil fuel exploration and stop developing pre-final Investment Decision (FID) projects outside Norway to avoid 67% of emissions from unapproved projects. Equinor’s capital expenditures conflict with essential climate goals, raising concerns about greenwashing and inadequate short-term emission reduction targets. This next excerpt from Professor Kevin Anderson is taken from the last ClimateGenn episode and was recorded the day before this interview with Ola Elvestuen. Thank you for your attention:

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