• 4 minutes Energy Armageddon
  • 6 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 12 minutes "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 57 mins Is Europe heading for winter of discontent with extensive gas shortages?
  • 2 days Wind droughts
  • 6 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 23 mins Kazakhstan Is Defying Russia and Has the Support of China. China is Using Russia's Weakness to Expand Its Own Influence.
  • 10 hours ""Green" Energy Is a Scam. It Isn't MEANT to Work." - By James Corbett of The Corbett Report
  • 4 days Oil Prices Fall After Fed Raises Rates
  • 5 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 12 days "Russian oil executive and Putin critic Ravil Maganov dead after mysterious six-story fall" - The New York Post
  • 3 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 9 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
  • 11 days The Federal Reserve and Money...Aspects which are not widely known
  • 13 days How Far Have We Really Gotten With Alternative Energy

Breaking News:

Gasoline Draw Sends Oil Prices Higher

Norway’s Supreme Court Rejects Green Groups’ Challenge To Arctic Oil Drilling

The Norwegian Supreme Court voted 11-4 on Tuesday to reject a lawsuit from environmental groups that had sued Norway for opening up acreage in the Arctic to oil drilling five years ago.

In 2016, environmentalist organizations, including the Norwegian chapter of Greenpeace and Natur og Ungdom (Nature and Youth), took the Norwegian government to court over the awarding of oil drilling licenses in the Arctic, arguing that the 2015 licenses should be withdrawn as they violate Norway’s constitution and the country’s pledge to fulfill the terms of the Paris Climate Agreement.

In early 2018, a court in Oslo ruled in favor of the government, which prompted Greenpeace and Natur og Ungdom to appeal two lower-court verdicts to the Norwegian Supreme Court.

The lawsuit was dubbed by Greenpeace as The People vs. Arctic Oil, and the environmental groups were hoping that a verdict in their favor on several oil licenses awarded five years ago could set a precedent for more court actions to stop oil and gas drilling offshore Norway and especially in the Barents Sea in the Arctic.

“Opening up the Arctic for oil drilling in the time of climate emergency is unacceptable, and the Norwegian government must be held accountable. We hope and believe that the Supreme Court will acknowledge the Norwegian State’s substantial impact on the climate crisis and judge the Arctic oil licenses invalid,” Frode Pleym, head of Greenpeace Norway, said last month.

After the Supreme Court rejected the case today, Greenpeace Norway said that the ruling “shows zero understanding of the seriousness of the climate crisis.”

“We are very disappointed with today’s ruling. Most of the justices on the Supreme Court ignore the rights of future generations and choose the easy way to follow Norway’s oil policy,” said Silje Ask Lundberg, leader of Friends of the Earth Norway.

Norway’s Minister of Petroleum and Energy, Tina Bru, commented: “This is an important and thorough verdict, and we are very pleased that the state’s view has won.”

Last month, the ministry opened more blocks in the Arctic to oil exploration in the 25th licensing round, with the application deadline set for February 23, 2021.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News