Our climate policies

Equinor supports policies that advance the goals of the Paris Agreement and actions to accelerate the energy transition. 

Policy measures must:

  • target the most significant greenhouse gas sources
  •  be predictable, transparent and internationally aligned, to trigger investments and innovation
  • phase out subsidies on fossil fuels that exacerbate climate change and undermine the effects of other policy measures, such as carbon pricing and efforts to achieve sustainable development
  • promote research and development through public measures that stimulate investments in energy efficiency, renewable energy, carbon capture, utilisation and sequestration, hydrogen and other low carbon solutions
  • adopt carbon pricing that can deliver material and cost-efficient greenhouse gas emission reductions and a scale-up of investment in sustainable nature-based solutions.

Achieving the goals of the Paris Agreement and net zero by 2050 require significant efforts from across society, including from governments, companies and individuals - individually and through collaboration. Equinor promotes transparency and collaboration, and we are committed to playing an active and positive role in society’s decarbonisation through direct and indirect climate policy engagement.