Industrial opportunities and employment prospects in large-scale CO2 management in Norway

The report Industrielle muligheter og arbeidsplasser ved storskala CO2-håndtering i Norge, (Industrial opportunities and employment prospects in large-scale CO2 management in Norway) was written by SINTEF with the assistance of NTNU on behalf of the Confederation of Norwegian Enterprise (NHO), the Confederation of Trade Unions (LO), the United Federation of Trade Unions, the Federation of Norwegian Industries, the Norwegian Oil and Gas Association and the Industri Energi trade union. The objective of this work was to demonstrate the potential opportunities for industry linked to a realisation of full-scale CO2 management in Norway. The work was carried out within specified time and cost restraints, with consequent limitations. Emphasis has been placed on obtaining input from Norwegian industrial operators. In spite of this, it has not been possible to obtain well-documented figures applying to all the aspects we were interested in. This means, among other things, that estimates have been used in cases where reference data are lacking. We have made a point of specifying this in the report. Our studies show that it is possible to improve the competitiveness of existing jobs and create new ones by investing in full-scale CO2 management. How big the impact will be depends on to what extent one assumes that CO2 management will be implemented in Norway and Europe. To demonstrate the potential effects of Norwegian commitment to CO2 management, we have studied the potential linked to three different scenarios whereby the CO2 market in Europe may develop; a “low-level” scenario in which CO2 is only implemented in power-intensive industry in Europe, a “moderate-level” scenario based on the 2- degree scenario of the IEA, and a “high-level” scenario based on the IPCC’s 2-degree scenario, in which CO2 management plays a crucial role. Norwegian version: 2018:00450