News
Publish date: October 14, 2013
News
The Norwegian state budget has today been presented by the outgoing Red-Green coalition government and proposes and allocation of nearly 18.5 million euro (NOK 150m) to the remainder of the Mongstad project for this year, with a budget of 450 million for the period 2014-2017.
These funds are to be spent on modification and further development of the existing facilities at the TCM as well as a strengthening of the work to test new technologies. The incoming ‘blue-blue’ coalition has previously signaled its intent to continue the test centre.
In addition to this, there will be an increase of equity to the ‘climate fund’, a government fund for investments in climate change mitigation in developing countries, with a little over 600 million euro (NOK 5 billion). The research, development and demonstration programme CLIMIT will also receive 12.3 million euro (NOK 100m) more funding over the next two years. CLIMIT works to develop new and more efficient technological solutions to CO2 management.
Recent attacks on Ukraine’s Zaporizhzhia nuclear power plant "mark the beginning of a new and gravely dangerous front of the war," the UN atomic agency's director general said last week.
After years of inaction, Germany is working on its Carbon Management Strategy to resolve how CCS can play a role in climate action in industry. At the end of February, the Federal Ministry for Economic Affairs and Climate Action published first key points and a proposal to amend the law Kohlenstoffdioxid Speicherungsgesetz (KSpG). Bellona Deutschland, who was actively involved in the previous stakeholder dialogue submitted a statement in the association hearing.
In the midst of a global discussion on whether natural gas should be used as a transitional fuel and whether emissions from its extraction, production, transport and use are significantly less than those from other fossil fuels, Russia has developed ambitious plans to increase its own production of liquified natural gas (LNG) in the Arctic – a region with 75% of proven gas reserves in Russia – to raise its share in the international gas trade.
In this news digest, we monitor events that impact the environment in the Russian Arctic. Our main focus lies in identifying the factors that contribute to pollution risks and climate change.