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The Greenhouse Gas Emissions Trading Act

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Summary

The Act aims to limit emissions of GHGs in a cost-effective manner by means of a system involving the duty to surrender GHG emission allowances and freely transferable emission allowances.

Thumbnail image for The Act aims to limit emissions of GHGs in a cost-effective manner by means of a system involving the duty to surrender GHG emission allowances and freely transferable emission allowances.
Issuer

Norway

Year

2004

Region

Europe

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Mining, Quarrying, Oil & Gas Extraction
  • Manufacturing
  • Agriculture, Forestry, Fishing & Hunting
Restrictiveness

Low

Sustainable Development Goals (SDGs)
  • SDG 6: Clean Water and Sanitation
  • SDG 7: Affordable and Clean Energy
  • SDG 9: Industry, Innovation, and Infrastructure
  • SDG 10: Reduced Inequality
  • SDG 11: Sustainable Cities and Communities
  • SDG 13: Climate Action
  • SDG 14: Life Below Water

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