№67: Norwegian Energy Policy in the Changing EU Environment: What Poland Can Learn for Developing Its Shale Gas Industry
№67: Norwegian Energy Policy in the Changing EU Environment: What Poland Can Learn for Developing Its Shale Gas Industry
Author(s): Lidia Puka, Ole Gunnar Austvik, Aleksandra Gawlikowska-Fyk
Subject(s): National Economy, Supranational / Global Economy, Energy and Environmental Studies, Governance, Environmental and Energy policy, International relations/trade, Economic development, EU-Legislation
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Norway; energy policy; European Union; Poland; gas industry; energy resources management; EU energy market regulations; sustainable development;
Summary/Abstract: Globally, many countries have become victims of the resource curse paradox and/or Dutch Disease after discovering and exploring hydrocarbon resources. The Norwegian experience, however, suggests that the impact of petroleum activities on the overall economy may increase over time, and not as a curse, but as a blessing. Due to good resource management, cost savings, and investment, Norway remains a model of sustainable development among resource rich countries, and, so far, a case for retaining strong government participation, control and supervision within the market regulations of the European Union. Although it is impossible to transpose the Norwegian model directly, EU countries that wish to develop an extractive sector, as Poland does, could learn from it, not least in elements such as private-public cooperation in a transparent institutional framework and strengthening of government competence, engagement, and control.
Series: PISM Strategic File
- Page Count: 8
- Publication Year: 2015
- Language: English
- Content File-PDF
