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Norwegian climate professor: Norway should completely phase out oil by 2040

Norway needs to wind down its oil production if the global climate targets are to be achieved, says the professor.

Photo: Harald Pettersen - Statoil

Norwegian oil production needs to be wound down before 2040, says Norwegian climate professor and former rector of the Business School in Oslo, Jørgen Randers.

Randers maintains that oil production, which is Norway's largest source of income, must cease operations and become unprofitable if climate targets are to be reached.

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