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Norway Could Be Carbon-Neutral by 2030

Posted by: Nate Berg

18 January 2008 - 8:00am

The government of Norway has announced plans to offset all of its carbon emissions by 2030, a goal it had previously set for 2050.

"The government said last year that Norway would aim to cut net emissions of carbon dioxide (CO2) to nil by 2050 by reducing emissions at home and investing abroad in environmental projects that will give Norway CO2 reduction credits."

"The plan includes offsetting Norwegian emissions by spending around 3 billion crowns ($553.1 million) per year to combat deforestation in developing countries. Forests act as a sink for CO2, the main greenhouse gas blamed for causing global warming."

"Under the Kyoto Protocol curbing greenhouse emissions, countries do not get credit for the effect of their own forests, but they can get credits by planting trees in developing lands."

Full Story: Norway says aims to go carbon neutral by 2030
Source: Reuters via Environmental News Network, January 17, 2008
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