Norwegian Greenhouse Gas Emissions Trading Act

E508906

The Norwegian Greenhouse Gas Emissions Trading Act is a national law that establishes and regulates Norway’s emissions trading system for greenhouse gases, aligning it with international and European climate policy frameworks.

All labels observed (2)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf Norwegian act ⓘ
climate change law ⓘ
environmental law ⓘ
aimsTo contribute to Norway’s climate targets ⓘ
promote cost‑effective emission reductions ⓘ
reduce greenhouse gas emissions ⓘ
alignedWith European Economic Area climate policy framework ⓘ
European Union Emissions Trading System ⓘ
appliesTo certain industrial sectors ⓘ
installations with significant greenhouse gas emissions ⓘ
petroleum activities on the Norwegian continental shelf ⓘ
power and heat production installations ⓘ
basedOn Kyoto Protocol ⓘ
Paris Agreement ⓘ
country Norway ⓘ
enforcedBy Ministry of Climate and Environment of Norway ⓘ
Norwegian Environment Agency ⓘ
establishes legal framework for Norway’s emissions trading system ⓘ
hasMechanism cap‑and‑trade system for greenhouse gas emissions ⓘ
hasRequirement annual reporting of verified emissions ⓘ
surrender of allowances equal to verified emissions ⓘ
hasSanction penalty for failure to surrender sufficient allowances ⓘ
implements Norway’s participation in the EU Emissions Trading System ⓘ
jurisdiction Kingdom of Norway ⓘ
language Norwegian ⓘ
linked to: Norwegian language
legalForm statutory law ⓘ
partOf Norway’s implementation of international climate obligations ⓘ
Norway’s national climate policy ⓘ
policyArea climate change mitigation ⓘ
energy and industry regulation ⓘ
environmental protection ⓘ
providesFor cancellation of emission allowances ⓘ
issuance of emission allowances ⓘ
trading of emission allowances ⓘ
regulates Norwegian emissions trading system ⓘ
allocation of emission allowances ⓘ
greenhouse gas emissions trading ⓘ
monitoring of greenhouse gas emissions ⓘ
penalties for non‑compliance with emissions trading rules ⓘ
reporting of greenhouse gas emissions ⓘ
surrender of emission allowances ⓘ
verification of greenhouse gas emissions ⓘ
relatedTo Norway’s Nationally Determined Contribution under the Paris Agreement ⓘ
linked to: NDCs

Norwegian CO2 tax system ⓘ
subjectMatter climate policy implementation ⓘ
emissions trading system ⓘ
greenhouse gas emissions ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Norwegian Environment Agency → appliesRegulation → Norwegian Greenhouse Gas Emissions Trading Act ⓘ
Norwegian Greenhouse Gas Emissions Trading Act → regulates → Norwegian emissions trading system ⓘ
linked to: Norwegian Greenhouse Gas Emissions Trading Act