Politicians from around the globe are this week meeting in Bonn, Germany for talks on how to implement the Paris agreement to fight climate change. The agreement aims to limit warming of the planet to 1.5 degrees Celsius.
Reaching such goal would require to keep a large proportion of existing fossil fuel reserves in the ground. Norway, however, has no plans to leave possible Barents Sea oil under ground. In its 23rd licensing round, oil companies were offered new acreage and exploration drilling has already started.