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Norway's PM Jonas Støre says his country can power Europe
Norwegian Prime Minister Jonas Støre is optimistic about his country’s progress in the global energy transition, particularly regarding the pivot from reliance on fossil fuels to a broader adoption of renewable energy sources. And given Norway’s increased importance in supplying Europe with energy, the transition could not come a moment too soon. “I think the energy transition is happening... For the first time you have written down in text all agreeing that there will be a transition out of fossil fuels,” Støre tells Ian in a wide-ranging interview for GZERO World on the sidelines of the Munich Security conference. Støre extolls the significant strides being made despite the prevailing geopolitical tensions and environmental challenges.
Støre points out the collaborative spirit of the international community, which he witnessed at COP 28. The Prime Minister emphasizes the importance of market incentives, technological innovation, and political will in driving these changes. “You cannot make it unless you make the market economy be at the service of the transition." Støre and Ian also touch on the need for a loss and damages fund to support the countries most affected by climate change, underscoring the ongoing efforts to provide financial mechanisms for environmental preservation and sustainable development.
Watch full episode: Solving Europe's energy crisis with Norway's power
Catch GZERO World with Ian Bremmer every week online and on US public television. Check local listings.
Solving Europe's energy crisis with Norway's power
Europe's energy security hinges on Norway and its transition from fossil fuels to renewable sources. That has big geopolitical implications for Ukraine and NATO.
On GZERO World, Ian Bremmer delves into Europe's urgent quest for energy independence and the broader geopolitical shifts that could redefine the continent's future. With the specter of reduced US support for Ukraine after November’s election, Europe's resilience, particularly in energy security and military capabilities, takes center stage. Norwegian Prime Minister Jonas Støre joins Ian to discuss Norway's critical role in this transition, emphasizing the need for a swift move from oil and gas to renewables, a monumental task that Europe and Norway are determined to undertake in a remarkably short timeframe. “Norway will transition out of oil and gas. When we pass 2030, there will be declining production, and then we want to see renewables transition upwards,” Prime Minister Jonas Støre tells Ian.
Their conversation delves into the ramifications of the US election outcome on NATO and Ukraine, underscoring Europe's precarious position should American support wane. The discussion reveals the continent's vulnerability to fuel crises and the imperative for a robust energy strategy that lessens dependency on external forces, notably by severing ties with Russian fossil fuels in response to the invasion of Ukraine. “Europe's ability to assist Kyiv on the battlefield will hinge not just on military capabilities but also Europe's own energy security,” Ian explains.
This is a moment of transformation for Europe as it navigates the complexities of energy transition and geopolitical uncertainties, highlighting the interconnectedness of sustainability, security, and solidarity in facing the challenges of the 21st century.
Catch GZERO World with Ian Bremmer every week online and on US public television. Check local listings.
- Northern exposure ›
- Will Norway pull the plug on itself? ›
- Can the world run on green energy yet? Author Bjorn Lomborg argues that's very far off ›
- The Graphic Truth: Natural gas prices make EU power costs soar ›
- Norway's school phone ban aims to reclaim "stolen focus", says PM Jonas Støre ›
- With electric bills soaring, should the EU cap natural gas prices? ›
- The Graphic Truth: EU natural gas prices plunge ›
Alberta sounds alarm on 2024 wildfire season
It’s already begun … The Alberta government on Tuesday declared an early start to the 2024 wildfire season as firefighters there prepare for a hot, dry year ahead. Across Canada, authorities are bracing for a difficult year of fires after a record-setting year in 2023, which sent smoke plumes to population centers across the continent.
A warming climate is making forests drier and more susceptible to big, dangerous fires. More than 100 “zombie fires” (dormant in winter) are still smoldering in Western Canada, where they pose a threat when the weather warms up again.
“It's not something I've seen in any of the data sets,” Wilfrid Laurier University biology professor Jennifer Baltzer told CBC. “What we don't know is how many of these will actually translate to reignition in the spring.”
The continental United States was largely spared last year, and so far the projections look good for 2024 but worrying for the long term.Hard Numbers: Migratory species face extinction, Dutch court halts shipments of F-35 parts to Israel, RFK’s Super Bowl ad debacle, Suspected separatist attack in Cameroon
22: A new report from the UN warns that over a fifth (22%) of the world’s migratory species are at risk of extinction due to climate change and human encroachment. The report, which focuses on 1,189 kinds of animals, emphasized that 44% have already declined in number.
7: An appeals court in the Netherlands on Monday ruled the government must halt shipments of F-35 jet components to Israel within seven days, citing concerns that they could be used to commit war crimes in Gaza. The Netherlands is home to a large warehouse of F-35 parts that are exported to countries that operate the US-made jet. The Dutch government said it will comply with the ruling but that it has appealed because these exports are a matter of foreign policy, which is up to the state.
7,000,000:Robert Kennedy Jr., who is running for US president in 2024 as an independent, on Monday apologized to family members for a campaign ad that ran during the Super Bowl. The commercial drew from a 1960 campaign ad for Kennedy’s assassinated uncle, President John F. Kennedy, and cost an estimated $7 million. Kennedy tweeted the ad was created by a Super Pac without his involvement or approval — but the 30-second commercial was simultaneously pinned to his profile on Monday.
1: At least one person was killed and dozens more injured by an explosion at a children’s Youth Day celebration in Cameroon on Sunday, as the Central African country continues to contend with separatist violence in its English-speaking regions. The unrest is linked to longtime Anglophone grievances alleging discrimination by the Francophone majority.
Hard Numbers: Earth sets gloomy climate record, China’s economy deflates, US Marines found dead, Nigeria faces off with Ivory Coast
15: While much of the world is suffering under the weight of inflation, China is battling deflation. Prices in the country have fallen to their lowest level in 15 years. China’s consumer price index fell 0.8% year-over-year in January, as Beijing struggles to rebound from a tanking stock market, collapsing foreign investment, declining exports, and its property sector in freefall.
5: Five US Marines were confirmed dead in California on Thursday, after the helicopter they were in crashed not far from San Diego early Wednesday during a routine training flight. President Joe Biden said he and first lady Jill Biden are “heartbroken” and extended their “deepest condolences to their families, their squadron, and the US Marine Corps.”
7,000,000: Nigeria will face off against host nation Ivory Coast in the Africa Cup of Nations final on Sunday. Apart from being crowned the champions of Africa’s most prestigious soccer tournament, the winning team takes home $7 million.
Canada hails second chance at LNG leadership
Critics of the Biden administration have had a field day with its decision to pause the expansion of America’s liquified natural gas exports, while it looks at the effect of exports on the environment, energy security, and energy costs.
Commentator David Bahnsen, managing director of the Bahnsen Group, told Fox Business the move will help one person: Vladimir Putin. He said more LNG exports would undermine Putin while pausing new approvals is a “foreign policy own-goal” that will drive prices higher.
The move has some policy analysts scratching their heads since Biden has hailed the delivery of US LNG to Europe and Asia as a geopolitical victory.
Conversely, the move is being hailed in Canada, where Energy Minister Jonathan Wilkinson said he is “really happy” that the US Administration is looking to reduce the carbon intensity of LNG. Judging by his comments, it doesn’t sound like Canada will follow suit. “My hope is that what we will see coming from this are policies that actually look a lot like what we’ve already done,” he said.
The Canadian environmental approval process for projects has been notoriously prolonged over the past eight years, but there are now two projects under construction. One – the Shell-led LNG Canada’s facility in Kitimat, British Columbia – is 90% built and has all the approvals it needs to start exporting next year. There are others in the pipeline, including the Ksi Lisim floating facility, north of Prince Rupert, B.C., which is partly Indigenous-owned through the Nisga’a Nation.
Biden’s move has pleased environmental groups but upset proponents of an industry that has gone from one billion cubic feet of production a day to 14bcf at seven LNG terminals in less than a decade.
Al Gore is optimistic about our climate future
Former US Vice President Al Gore is known to many as the Paul Revere of climate change, alerting the world to the dangers of a warming planet and other "inconvenient truths" at a time when only 2/5 Americans were onboard with his message. It earned him a Nobel Peace Prize.
But today, Al Gore has good news to share. In a wide-ranging interview with Ian Bremmer on the sidelines of the World Economic Forum in Davos, Gore is clear-eyed but optimistic about our climate future.
"If we get to true net zero and stop incrementally adding to the amount of heat-trapping gas that's there, the temperatures will stop going up almost immediately with a lag of as little as three to five years. Now, that's new science. It's well-confirmed now. They used to believe that it would keep going even after we reach net zero, but no, it will not. The even better news is that if we stay at true net zero, then half of all the human-caused CO2 and methane will fall out of the atmosphere in as little as a quarter of a century."
Watch the full GZERO World episode: Al Gore on US elections & climate change
Catch GZERO World with Ian Bremmer every week at http://gzeromedia.com/gzeroworld or on US public television. Check local listings.
Al Gore's take on American democracy, climate action, and "artificial insanity"
Listen: In this episode of GZERO World podcast, Ian Bremmer sits down with former US Vice President Al Gore on the sidelines of Davos in Switzerland. Gore, an individual well-versed in navigating contested elections, shared his perspectives on the current landscape of American politics and, naturally, his renowned contributions to climate action.
While the mainstage discussions at the World Economic Forum throughout the week delved into topics such as artificial intelligence, conflicts in Ukraine and the Middle East, and climate change, behind the scenes, much of the discourse was centered on profound concerns about the upcoming 2024 US election and the state of American democracy. The US presidential election presents substantial risks, particularly with Donald Trump on the path to securing the GOP nomination.
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- Podcast: Can the US get its act together? Susan Glasser & Peter Baker on "the world’s greatest geopolitical crisis" ›
- America vs itself: Political scientist Francis Fukuyama on the state of democracy ›
- Divided we fall: Democracy at risk in the US ›
- Francis Fukuyama: Americans should be very worried about failing democracy ›
- Al Gore: "Artificial insanity" threatens democracy ›
- Ian Bremmer: How AI may destroy democracy ›
- Trump's immunity claim: US democracy in crisis ›