Measures for the petroleum sector were quantified by Klimakur2020’s offshore group, under the leadership of the Norwegian Petroleum Directorate. They include various forms of alternative power supply to the offshore sector (electrification, wind power) and power efficiency improvements by enhancing coordination.
The model’s production and consumption activities are linked to coefficients for emissions to air as projected by the emissions inventory of Statistics Norway. The emission-generating activities include intermediate goods, energy goods, consumption activity, processes and waste disposal sites. This is a relatively detailed account of the authorities’ economic mechanisms. The account of climate mechanisms include differentiated and uniform CO2 taxes, national and international allowance systems, as well as allowances that are free of charge, subsidies and compensation schemes for firms. It is assumed that the authorities’ budget balance is always maintained. In the version of the model used here, this is accomplished by adjusting employers’ social security contribution.
