Publication

This report analyzes how climate change will affect oil industry operations in the High North. It examines impacts in the area that are different from, or come in addition to, the impacts felt globally, from two angles: one outlining climate-related changes in nature and their impacts on oil industry operations, and the second discussing actual and possible policy responses and their impact. According to the authors, climate policies are not likely to have a strong direct impact on the operations of oil companies in the High North, but the climate development there is likely to impact other political processes, public opinion and consumers, and in turn, may affect industry operations.