natgillin/translations-raw huggingface dataset:
Yet, 1.4 billion people still lack access to electricity.
Yet, 1.4 billion people still lack access to electricity.
2.7 billion people use coal or firewood for food preparation.
2.7 billion people use coal or firewood for food preparation.
Global poverty alleviation through long term global economic growth will require vast amounts of additional energy consumed and produced.
Global poverty alleviation through long term global economic growth will require vast amounts of additional energy consumed and produced.
Let me briefly reiterate what we heard earlier today from Deputy Director Jones in the International Energy Agency; total energy demand is expected to increase by more than 35 % the next 25 years.
Let me briefly reiterate what we heard earlier today from Deputy Director Jones in the International Energy Agency; total energy demand is expected to increase by more than 35 % the next 25 years.
More than 50% of this increase will be met by fossil fuels.
More than 50% of this increase will be met by fossil fuels.
The fundamental hard truth of today’s energy scene; as can be seen from the slides is that current investments in oil, gas and coal all point towards continued reliance on fossil fuels.
The fundamental hard truth of today’s energy scene; as can be seen from the slides is that current investments in oil, gas and coal all point towards continued reliance on fossil fuels.
At the same time, we are facing the threat of climate change.
At the same time, we are facing the threat of climate change.
In many parts of the world, there is an increased fear of life-threatening climate change, such as drought, catastrophic floods and extreme storms.
In many parts of the world, there is an increased fear of life-threatening climate change, such as drought, catastrophic floods and extreme storms.
Fresh water supplies are at risk.
Fresh water supplies are at risk.
The IPCC tells us that to limit the temperature increase to a maximum of 2 degrees, we must cut emissions by as much as 85% by 2050.
The IPCC tells us that to limit the temperature increase to a maximum of 2 degrees, we must cut emissions by as much as 85% by 2050.
The situation demands a continuous quest for energy supplies and energy security, in conjunction with a forceful and adequate response to the climate change challenge.
The situation demands a continuous quest for energy supplies and energy security, in conjunction with a forceful and adequate response to the climate change challenge.
We need to invest in low-emission technologies.
We need to invest in low-emission technologies.
We must decarbonise the production and use of fossil fuels, and we need to decouple economic growth and greenhouse gas emissions.
We must decarbonise the production and use of fossil fuels, and we need to decouple economic growth and greenhouse gas emissions.
I want to add on this point that the developed countries have a special responsibility in this respect.
I want to add on this point that the developed countries have a special responsibility in this respect.
We have known for some time that we need to radically transform the way we produce and use energy in order to achieve the 2˚C target.
We have known for some time that we need to radically transform the way we produce and use energy in order to achieve the 2˚C target.
Clearly, huge investments in energy efficiency and renewables must be made.
Clearly, huge investments in energy efficiency and renewables must be made.
However, we cannot do without CCS to combat climate change.
However, we cannot do without CCS to combat climate change.
The IEA tells us that CCS must deliver up to 19% of needed emission reductions by 2050.
The IEA tells us that CCS must deliver up to 19% of needed emission reductions by 2050.
Without CCS, the estimated cost of reaching the 2 degree target increases by 70%.
Without CCS, the estimated cost of reaching the 2 degree target increases by 70%.
Given that we know the realities of today, and given that we believe we know the cure for tomorrow, the crucial initial question is; are we moving in the right direction?
Given that we know the realities of today, and given that we believe we know the cure for tomorrow, the crucial initial question is; are we moving in the right direction?
Are we willing to make sufficient investments?
Are we willing to make sufficient investments?
Are we implementing the right policies?
Are we implementing the right policies?
How can we drive RD&D deployment of CCS, and are we in position for much-needed concerted action?
How can we drive RD&D deployment of CCS, and are we in position for much-needed concerted action?
Status and challenges
Status and challenges
Earlier today we were updated on the global CCS status.
Earlier today we were updated on the global CCS status.
From what we have learned from this morning’s session, there are promising projects but they are few in number.
From what we have learned from this morning’s session, there are promising projects but they are few in number.
CCS is still in its infancy.
CCS is still in its infancy.
The first full-scale power plant with CCS is yet to be operational.
The first full-scale power plant with CCS is yet to be operational.
There are significant challenges that we need to address:
There are significant challenges that we need to address:
* Reduce costs and close the financing gap.
* Reduce costs and close the financing gap.
* Accelerate RD&D and solve technical issues of integration and scale-up.
* Accelerate RD&D and solve technical issues of integration and scale-up.
* Acquire more experience with environmentally sound CO2 storage.
* Acquire more experience with environmentally sound CO2 storage.
* Engage with the public and achieve public acceptance.
* Engage with the public and achieve public acceptance.
In Europe we see considerable resistance to the issue of storage, and particularly to on-shore storage.
In Europe we see considerable resistance to the issue of storage, and particularly to on-shore storage.
Promising projects have been stopped due to public opposition.
Promising projects have been stopped due to public opposition.
Public acceptance may be an issue that we haven’t been paying enough attention to.
Public acceptance may be an issue that we haven’t been paying enough attention to.
Some building blocks are in place, and we must make use of the “lessons learned”.
Some building blocks are in place, and we must make use of the “lessons learned”.
At the same time, I believe the deployment of CCS is more complex than we initially thought.
At the same time, I believe the deployment of CCS is more complex than we initially thought.
We are behind schedule in terms of the deployment rate targets set at the highest political level.
We are behind schedule in terms of the deployment rate targets set at the highest political level.
What will it take?
What will it take?
First of all, I strongly believe that wide-spread global deployment of CCS will require a commercially attractive framework for investments in low-carbon technologies.
First of all, I strongly believe that wide-spread global deployment of CCS will require a commercially attractive framework for investments in low-carbon technologies.
Therefore, we are in critical need of a global price on greenhouse gas emissions.
Therefore, we are in critical need of a global price on greenhouse gas emissions.
This is without doubt the most cost-effective way to achieve deep emission cuts.
This is without doubt the most cost-effective way to achieve deep emission cuts.
Global challenges need global solutions.
Global challenges need global solutions.
In order for CCS to be deployed rapidly enough, and in order to avoid potential carbon leakage, incentives must be found on a global scale.
In order for CCS to be deployed rapidly enough, and in order to avoid potential carbon leakage, incentives must be found on a global scale.
A global price on emissions has the potential to do the trick!
A global price on emissions has the potential to do the trick!
This is both right and urgent.
This is both right and urgent.
As politicians, in this situation, we must have confidence in the market.
As politicians, in this situation, we must have confidence in the market.
We need our world leaders to embrace this solution, and give a clear signal in Durban that – in due curse – there will be a price on emissions.
We need our world leaders to embrace this solution, and give a clear signal in Durban that – in due curse – there will be a price on emissions.
As of today, The Clean Development Mechanism, CDM, represents the only mechanism where credits are generated by projects in developing countries, and it is the closest we get to a global price on emissions.
As of today, The Clean Development Mechanism, CDM, represents the only mechanism where credits are generated by projects in developing countries, and it is the closest we get to a global price on emissions.
This is why Norway welcomes the decision in Cancun last year that CCS is an eligible project activity under the CDM.
This is why Norway welcomes the decision in Cancun last year that CCS is an eligible project activity under the CDM.
We will contribute to resolve the outstanding issues identified.
We will contribute to resolve the outstanding issues identified.
Yet, in the international climate change negotiations, it is apparent that we are moving further away from the idea of a global price on greenhouse gas emissions and towards a more fragmented system with regional or even national systems.
Yet, in the international climate change negotiations, it is apparent that we are moving further away from the idea of a global price on greenhouse gas emissions and towards a more fragmented system with regional or even national systems.
This worries me deeply because, in the long run, a global price on emissions is the only instrument that would truly create business opportunities and a commercially attractive framework for private investment.
This worries me deeply because, in the long run, a global price on emissions is the only instrument that would truly create business opportunities and a commercially attractive framework for private investment.
I am such a strong believer in a price on emissions, because I have seen it work.
I am such a strong believer in a price on emissions, because I have seen it work.
The CO2 tax on the Norwegian Continental Shelf, introduced in 1991, resulted in the Sleipner CO2 storage project, (recognised here at the CSLF meeting this week).
The CO2 tax on the Norwegian Continental Shelf, introduced in 1991, resulted in the Sleipner CO2 storage project, (recognised here at the CSLF meeting this week).
The CO2 stored annually equals almost 2 % of Norwegian emissions.
The CO2 stored annually equals almost 2 % of Norwegian emissions.
I have also seen the effect of other climate change mitigation measures in the Norwegian petroleum and energy sector, for instance the implementation of strict environmental standards and the ban on flaring.
I have also seen the effect of other climate change mitigation measures in the Norwegian petroleum and energy sector, for instance the implementation of strict environmental standards and the ban on flaring.
During the last 13 years, these policies have led to 40 million tons of CO2 avoided in the Norwegian petroleum sector, 50 % of them resulting from energy efficiency and reduced flaring.
During the last 13 years, these policies have led to 40 million tons of CO2 avoided in the Norwegian petroleum sector, 50 % of them resulting from energy efficiency and reduced flaring.
The implementation of strict policies has the potential to scare us, in terms of the effects they might have on energy and electricity prices and employment rates.
The implementation of strict policies has the potential to scare us, in terms of the effects they might have on energy and electricity prices and employment rates.
However, the lessons from Norway tell us that by implementing a price on emissions and strict environmental and technological policies and standards, industries find solutions and greenhouse gas emissions are reduced or avoided.
However, the lessons from Norway tell us that by implementing a price on emissions and strict environmental and technological policies and standards, industries find solutions and greenhouse gas emissions are reduced or avoided.
In many respects, Norwegian industry is a world leader when it comes to environmental standards.
In many respects, Norwegian industry is a world leader when it comes to environmental standards.
And the best of all – it is healthy economics and good business.
And the best of all – it is healthy economics and good business.
Strict standards bring results.
Strict standards bring results.
Bold action is required, and I believe the same goes for CCS!
Bold action is required, and I believe the same goes for CCS!
I am confident that with the right measures and policies in place, CCS can also prove to be commercially viable in the long-term.
I am confident that with the right measures and policies in place, CCS can also prove to be commercially viable in the long-term.
Development of technology has become an important business opportunity for Norwegian companies, which have seen strong increases in international business in recent years.
Development of technology has become an important business opportunity for Norwegian companies, which have seen strong increases in international business in recent years.
High regulatory standards and best practices will eventually pave the way for large scale CCS deployment locally and regionally.
High regulatory standards and best practices will eventually pave the way for large scale CCS deployment locally and regionally.
This will help create the learning curve needed to move towards a commercially viable technology.
This will help create the learning curve needed to move towards a commercially viable technology.
In a short-term perspective, in the absence of a global price on greenhouse gas emissions, what can we do?
In a short-term perspective, in the absence of a global price on greenhouse gas emissions, what can we do?
And what major corner-stones are important to put in place?
And what major corner-stones are important to put in place?
Firstly, regional and country-level initiatives are crucial.
Firstly, regional and country-level initiatives are crucial.
One fitting example is the policies of the European Union.
One fitting example is the policies of the European Union.
With a combination of market-based instruments, financial mechanisms, a legal framework, and putting a price on emissions while also giving thought to the possibility of carbon leakage, large-scale integrated CCS projects are emerging.
With a combination of market-based instruments, financial mechanisms, a legal framework, and putting a price on emissions while also giving thought to the possibility of carbon leakage, large-scale integrated CCS projects are emerging.
This kind of leadership is important because we find ourselves in a situation where initial project funding is crucial.
This kind of leadership is important because we find ourselves in a situation where initial project funding is crucial.
I believe governments have a responsibility to bridge the commercial gap during this demonstration phase – especially in today’s global economic turmoil.
I believe governments have a responsibility to bridge the commercial gap during this demonstration phase – especially in today’s global economic turmoil.
But again, I realise that many developed countries are in a better financial position to do this, especially if the necessary investments are prioritised and we orchestrate our actions to enable higher leveraging of our combined resources.
But again, I realise that many developed countries are in a better financial position to do this, especially if the necessary investments are prioritised and we orchestrate our actions to enable higher leveraging of our combined resources.
Industry will still have to shoulder its share in forging the necessary commercial developments in the initial stage through pioneering investments.
Industry will still have to shoulder its share in forging the necessary commercial developments in the initial stage through pioneering investments.
More early movers will have to follow the handful of projects we now see materializing on the global scene.
More early movers will have to follow the handful of projects we now see materializing on the global scene.
I am a believer in efficient policy signals to spearhead efforts and commitments.
I am a believer in efficient policy signals to spearhead efforts and commitments.
If we as governments are clear in our roles and projections, industry will follow in preparing for the future market.
If we as governments are clear in our roles and projections, industry will follow in preparing for the future market.
We need to make green growth a mainstream incentive for investments.
We need to make green growth a mainstream incentive for investments.
This is achievable through targeted government measures, even without overall economic instruments in place on the international scene.
This is achievable through targeted government measures, even without overall economic instruments in place on the international scene.
I want to go into a bit more detail with regard to necessary R&D efforts.
I want to go into a bit more detail with regard to necessary R&D efforts.
Governments will need to intervene with targeted technology policies to ultimately bring down the cost of low-carbon alternatives to create markets for technologies that are not yet fully commercial.
Governments will need to intervene with targeted technology policies to ultimately bring down the cost of low-carbon alternatives to create markets for technologies that are not yet fully commercial.
Public R&D expenditure generates additional investments in industry and leads the way to critical collaboration based on strong public-private partnerships.
Public R&D expenditure generates additional investments in industry and leads the way to critical collaboration based on strong public-private partnerships.
In the last few years, public low-carbon energy RD&D spending has increased in IEA countries.
In the last few years, public low-carbon energy RD&D spending has increased in IEA countries.
This is a much welcomed and needed trend.
This is a much welcomed and needed trend.
However, this increase comes after many years of decline.
However, this increase comes after many years of decline.
According to the IEA, public RD&D spending on low-carbon technologies needs to be between 19 and 37 billion dollars annually.
According to the IEA, public RD&D spending on low-carbon technologies needs to be between 19 and 37 billion dollars annually.
The current spending should be increased 2-5 times
The current spending should be increased 2-5 times
Climate change is a daunting prospect and we need to join forces.
Climate change is a daunting prospect and we need to join forces.
In the face of such a challenge, we should expect at least a similar level of RD&D expenditure from industry.
In the face of such a challenge, we should expect at least a similar level of RD&D expenditure from industry.
Pure investments in innovation are not the only thing we need to get there.
Pure investments in innovation are not the only thing we need to get there.
Public - private partnerships to demonstrate ongoing R & D would help accelerate developments.
Public - private partnerships to demonstrate ongoing R & D would help accelerate developments.
The same effect could be expected from dedicated platforms for knowledge exchange.
The same effect could be expected from dedicated platforms for knowledge exchange.
Just a few days ago, the IEA Working Party for Fossil Fuels organized a workshop in conjunction with MOST and Acca21, our Chinese Hosts, where initial results from the world’s largest knowledge exchange network for large scale CCS projects were presented.
Just a few days ago, the IEA Working Party for Fossil Fuels organized a workshop in conjunction with MOST and Acca21, our Chinese Hosts, where initial results from the world’s largest knowledge exchange network for large scale CCS projects were presented.
The network will be an important data collection and information exchange platform where both early movers and later project proponents can benefit.
The network will be an important data collection and information exchange platform where both early movers and later project proponents can benefit.
I believe this is one type of vehicle we need to move CCS deployment forward.
I believe this is one type of vehicle we need to move CCS deployment forward.
Clearly, the growing number of CSLF-recognized projects represents an important arena where Governments together with Industry and the research community can jointly track developments.
Clearly, the growing number of CSLF-recognized projects represents an important arena where Governments together with Industry and the research community can jointly track developments.
I look forward to seeing how such collaborations can be further developed.
I look forward to seeing how such collaborations can be further developed.
The sharing of experiences from early projects will also play an important role in building confidence in the technology.
The sharing of experiences from early projects will also play an important role in building confidence in the technology.
We have a collective responsibility in communicating to the public the potential for emission reductions offered by CCS.
We have a collective responsibility in communicating to the public the potential for emission reductions offered by CCS.
Knowledge sharing is, of course, closely related to capacity building and technology transfer.
Knowledge sharing is, of course, closely related to capacity building and technology transfer.
Poor countries should not bear the cost of importing expensive CCS technologies.
Poor countries should not bear the cost of importing expensive CCS technologies.
They must take part in the development.
They must take part in the development.
Therefore, CCS technologies should be developed through joint efforts that involve developing countries.
Therefore, CCS technologies should be developed through joint efforts that involve developing countries.
If not, the ambition of global deployment of CCS could face serious delay.
If not, the ambition of global deployment of CCS could face serious delay.
When I met South African President Jacob Zuma in Oslo on the 1st of September, to discuss CCS, the need for knowledge sharing and technology transfer was one of his key messages to me.
When I met South African President Jacob Zuma in Oslo on the 1st of September, to discuss CCS, the need for knowledge sharing and technology transfer was one of his key messages to me.
His message is something we should all take with us, and it is a reflection that seems obvious when it comes to genuine global roll-out of CCS.
His message is something we should all take with us, and it is a reflection that seems obvious when it comes to genuine global roll-out of CCS.
On capacity building, the CSLF is taking concrete action, through the CSLF Capacity Building Programme and the Capacity Building Fund.
On capacity building, the CSLF is taking concrete action, through the CSLF Capacity Building Programme and the Capacity Building Fund.
I am pleased that capacity building projects are now taking place in CSLF countries.
I am pleased that capacity building projects are now taking place in CSLF countries.
I believe knowledge sharing and capacity building are areas where the CSLF really has a role to play.
I believe knowledge sharing and capacity building are areas where the CSLF really has a role to play.
That is why Norway supports the CSLF and also the World Bank capacity building Fund financially.
That is why Norway supports the CSLF and also the World Bank capacity building Fund financially.
A key element of Norway’s CCS policy is to contribute to a wider deployment of CCS technology.
A key element of Norway’s CCS policy is to contribute to a wider deployment of CCS technology.
The Technology Centre Mongstad is an essential part of our strategy.
The Technology Centre Mongstad is an essential part of our strategy.