Equinor's renewable promises were scrapped fairly recently. Today, more than 99 percent of the company's total energy production is still fossil. The company's greenhouse gas emissions are five times greater than Norway's total emissions. All while climate change is rapidly increasing. Equinor's activities constitute a danger to the inhabitants of the earth. Equinor has set its sights too high and wanted too much. The company wishes to extract fossil fuels from other countries. Often against intense protests from residents, and with huge losses for the company, and a reduced international reputation for Norway. Still, Equinor has served Norway well economically. Largely by pumping up the nation's oil and gas. This is not sustainable! What good does it do Norway if Equinor wins the energy race, but irreversibly damages the planet for future generations? What about leaving some oil and gas for those who come after us? Maybe by then emissions will be under control? Equinor is experiencing blood-red numbers on the New York Stock Exchange in 2025. For example, major shareholder Sarasin & Partners is now selling out, disheartened by Equinor's lack of climate policy. The board and current CEO of Equinor, Anders Opedal, have shown questionable judgment and should consider their position. The oil company has a tradition of dismissing managers after far lower losses, cf. Arvid Johnsen and Harald Norvik.
The greatest responsibility for poor governance, however, lies with the main shareholder, the Norwegian state, with its 67 percent of the shares. Every year, the ministry's representative consistently votes against all climate-friendly shareholderproposals at Equinor's general meeting. How dare our politicians do that – on behalf of all of Norway! The war in Ukraine has given Equinor enormous profits. Perhaps a much-needed donation in the billions to the war-torn country could help correct the view of Equinor and Norway as war profiteers? Do not let Equinor's – and our – legacy correspond to the characterization that Speaker Hambro gave in our Parliament after the war, of the Norwegian London-goveEquinor's renewable promises were scrapped fairly recently. Today, more than 99 percent of the company's total energy
production is still fossil. The company's greenhouse gas emissions are five times greater than Norway's total emissions. All
while climate change is rapidly increasing. Equinor's activities constitute a danger to the inhabitants of the earth.
Equinor has set its sights too high and wanted too much. The company wishes to extract fossil fuels from other countries.
Often against intense protests from residents, and with huge losses for the company, and a reduced international
reputation for Norway.
Still, Equinor has served Norway well economically. Largely by pumping up the nation's oil and gas. This is not sustainable!
What good does it do Norway if Equinor wins the energy race, but irreversibly damages the planet for future generations?
What about leaving some oil and gas for those who come after us? Maybe by then emissions will be under control?
Equinor is experiencing blood-red numbers on the New York Stock Exchange in 2025. For example, major shareholder
Sarasin & Partners is now selling out, disheartened by Equinor's lack of climate policy.
The board and current CEO of Equinor, Anders Opedal, have shown questionable judgment and should consider their
position. The oil company has a tradition of dismissing managers after far lower losses, cf. Arvid Johnsen and Harald
Norvik.
The greatest responsibility for poor governance, however, lies with the main shareholder, the Norwegian state, with its 67
percent of the shares. Every year, the ministry's representative consistently votes against all climate-friendly shareholderproposals at Equinor's general meeting. How dare our politicians do that – on behalf of all of Norway!
The war in Ukraine has given Equinor enormous profits. Perhaps a much-needed donation in the billions to the war-torn
country could help correct the view of Equinor and Norway as war profiteers?
Do not let Equinor's – and our – legacy correspond to the characterization that Speaker Hambro gave in our Parliament
after the war, of the Norwegian London-government: "They did the best they could. Therein lies their excuse, and therein
lies their judgment.
The proposer is a member of the Grandparents’ Climate Action.rnment: "They did the best they could. Therein lies their excuse, and therein lies their judgment.