The country’s oil and gas sector employs 170,000 people and is the top moneymaker, producing 17% of Norway’s GDP.
Students gather in front of the Parliament building during a protest against climate change in Oslo, Norway on March 22, 2019.Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.OSLO — Opposition to fossil fuels, particularly among young people, is driving change in Norway’s energy-dominant society — and economy.
"Climate comes before cash," said Simon Sand, 16, demonstrating in front of Parliament during a recent climate protest inspired by Swedish teenage activist Gretha Thunberg. The youth wing of the ruling Conservative party does not call for restrictions, but says it assumes"market and environment-based" downsizing of the industry. Labour's AUF wants to phase it out altogether by 2035.
"Those revenues are not possible to replace from other sources. Much of the welfare state comes from this industry," he told Reuters.Another sign of the hardening opposition towards fossil fuels, particularly young people, and its impact on the energy industry is a lack of qualified recruits to replace a rapidly aging oil and gas workforce.
"Is this a response to the price of oil or is it because of environmental reasons, or political reasons? Young people today are looking for a secure job in and a job with a future — as it has always been," he added. Ada Johanna Arnstad, leader of the youth wing of the agrarian Centre Party, questioned how Norway could maintain high oil and gas output if countries met their carbon emissions reduction goals under the Paris climate accord, leading to falling demand for fossil fuels.
"Let's face it, the increased pressure and higher expectations are not only coming from narrow political groupings, and activists, as they used to," Equinor CEO Eldar Saetre told oil executives in Houston last month.
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