Norwegian NOx fund renewed

An existing three-year voluntary commitment (2008-2010) by Norway’s industrial sector to reduce emissions of nitrogen oxides (NOx) is to be extended by six years, the environment ministry has announced. Sectors involved include shipping, oil and construction.

Participating companies contribute to a fund for investment in reduction measures, in return for which they are exempt from the Norwegian tax on NOx emissions. Fifteen bodies have signed up to the new deal, setting a further reduction target of 16,000 tonnes between 2011 and 2017 for ships, fishing vessels and other sources covered by the agreement.

Source: Norway Environment Ministry press release, 14 December 2010 .

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