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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
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Europe's energy future: Perspective from Norway's PM Jonas Støre
Listen: In the latest episode of the GZERO World Podcast, Ian Bremmer discusses the critical themes of energy security and geopolitical stability in Europe amidst ongoing global challenges with Norwegian Prime Minister Jonas Støre on the sidelines of the Munich Security Conference. Støre outlines Norway's ambitious plan to transition from oil and gas to renewable energy sources by 2030. This transition is not just a local endeavor but a necessary shift for Europe, aiming to address both the climate crisis and geopolitical tensions by reducing dependency on fossil fuels.
With Europe cutting off nearly all Russian energy imports, Norway has become a key supplier. Støre emphasizes the importance of technological innovation, international cooperation, and the pivotal role of the market economy in facilitating the transition towards green energy. “You cannot make it unless you make the market economy be at the service of the transition,” Jonas Gahr Støre explains. Moreover, he touches upon the broader implications for NATO and the transatlantic alliance, underscoring Europe's need to bolster its energy security and military capabilities to support Ukraine independently, if necessary.
The discussion also explores the broader context of democracy, social media's impact on society, and Norway's innovative approach to enhancing educational and social environments by limiting digital distractions among youth.
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