Green Party advocates for Norway's oil phaseout amid increasing political influence

Green Party's Demands: The Green Party in Norway is advocating for a transition away from fossil fuels, calling for an immediate halt to oil exploration and a phaseout of petroleum activities by 2040, following their increased representation in the recent elections.

Challenges in the Oil and Gas Sector: Despite Norway's booming oil and gas industry, there are concerns about future job losses and declining production, with predictions of a 40% drop in output by 2040, as the government struggles to transition to renewable energy sources effectively.