Transnova

The intention of Transnova is to give grants for projects within the transport sector that will contribute to the reduction of CO₂ emissions. This will help reach the Norwegian targets of the 2008 national compromise on climate and become climate neutral by 2050. The most important objective is replacing fossil fuel with fuels with lower levels of – or zero – CO₂ emissions. The development of hydrogen fuel is in this respect important, reflected by the fact that 40% of the funding Transnova has provided has been given to hydrogen projects.

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