The proposal for the national budget, presented by the Norwegian government on Friday, October 6, includes several elements that affect Hydro’s operations in Norway. The most significant impact is on the CO2 compensation scheme. Hydro is surprised and disappointed that the scheme is further weakened. The proposal for wind power taxation does not contribute to triggering sufficient investments to ensure an adequate supply of power for industry and the green transition.Martine Rambøl Hagen
+47 91708918
[email protected] Molland
+47 92979797
[email protected]
(GlobeNewsWire)