The Norwegian center-left comes to power, according to the first polls



The left-wing opposition, led by Labor Jonas Gahr Støre, won the parliamentary elections in Norway,
dominated by the fate of oil sector of the country, according to the projections published at the close of the elections.

The five opposition parties are expected to win 104 of the 169 seats in the ‘Storting’, the Norwegian unicameral parliament, enough to oust the right-wing coalition of the Conservative Erna Solberg, based on voting-based projections.

With 88 seats For the time being, Støre’s Labor party, the likely next prime minister, would even be on the road to an absolute majority with his favorite allies, the center party and the socialist left, without needing the other two opposition forces, the environmentalists. of MDG and the communists of Rødt.

Destination of oil activities

The “red alert for humanity” issued in early August by the UN climate experts (IPCC) has put global warming at the center of the electoral campaign and has forced the country to reflect on the fate of oil activities that made him immensely rich. The report encouraged those who, on the left and, to a lesser extent, on the right they want to get rid of the oil.

The MDG calls for the immediate cessation of all oil exploration and an end to oil exploitation in 2035, an ultimatum rejected by Støre, a Paris political science graduate who was minister with Jens Stoltenberg between 2005 and 2013.

Like the Conservatives, the Labor Party – the other great force in the country – rules out giving up oil profits and advocates a gradual withdrawal.

In Norway, the oil sector represents 14% of Gross Domestic Product (GDP), more than 40% of exports and 160,000 direct jobs. Black gold will also reach this country of 5.4 million people amassing the largest sovereign wealth fund in the world, with almost 12 trillion crowns in assets (1.2 trillion euros, 1.4 trillion dollars)

“The demand for oil is in decline. This happens by itself, by the law of the market. It is not necessary to decree it (…) but to build bridges towards future activities ”, the head of energy of the Labor Party told AFP. Espen Barth Eide.

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