California Governor Gavin Newsom has signed a memorandum of understanding with Norway, aiming to mitigate the economic impact of the state's aggressive climate policies on Californians.
In an effort to address the soaring utility prices attributed to the state's aggressive climate policies, California Governor Gavin Newsom has signed a memorandum of understanding with Norway to enhance collaboration on 'shared climate goals.'
"We have to be more mindful, I think, than we even have in the past of these stacking of costs at a precious and important time," Newsom told The Epoch Times. The states goal of the agreement is to identify ways to alleviate financial burdens on Californians.
The collaboration was formalized on April 16 at the Larkspur Ferry Terminal in Marin County, with the presence of Crown Prince Haakon of Norway and Norwegian Minister of Trade Jan Christian Vestre. Crown Prince Haakon did not provide remarks
Minister Vestre emphasized Norway's commitment to developing zero-emission ferries and praised California's technological advances. "This [agreement] will formalize our cooperation in several areas where we share the same goals... and where our industries and expertise—our opportunities and needs—complement each other," said Minister Vestre.
The partnership extends to the development of offshore wind projects, with ambitious targets set by both parties. Norway aims for 30 gigawatts of offshore wind power by 2040, while California seeks to achieve between two and five gigawatts by 2030 and 25 gigawatts by 2045.
The agreement with Norway is part of a broader international effort by California to partner with other governments and regions on climate objectives. Similar agreements have been established with Sweden, China, Australia, Canada, New Zealand, Japan, and the Netherlands, as well as a regional commitment with Washington, Oregon, and British Columbia.
