Government promises 430 million extra toward environmental projects

Ola ElvestuenMinister of Climate and Environment Ola Elvestuen (Liberal Party).Photo: Ole Berg-Rusten / NTB Scanpix

Investment in climate and the environment was increased by NOK 430 million in the revised national budget according to the government.

‘’The money goes to measures that support the efforts for cleaner technology and lower emissions across several sectors’’ said Minister of Climate and Environment, Ola Elvestuen of Venstre (V) in statement.

Most of the extra money goes to exploration of the seabed in an area of the North Sea where it may be possible to store CO2.

In addition, a new scheme will contribute to the collection and destruction of very powerful greenhouse gases of the type HFC and PFC. The grant for the scheme is now increased by NOK 22.5 million to NOK 100 million in total.

A number of measures have been leaked before the revised national budget was officially presented on Tuesday. Among these, 100 million extra to the Nysnø climate investment fund and 25 million to the county municipalities to support the transition to zero-emission speedboats.

The Government will also strengthen the maintenance of the railway between Asker and Lillestrøm and efforts to maintain freight transport by train.

At the same time, a total of NOK 511 million is cut from the grant for the planning of the Ringeriksbanen and E16 between Bærum and Hønefoss. The reason is that the project is delayed.

© NTB Scanpix / #Norway Today

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