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France’s President Emmanuel Macron delivers a speech in front of humanitarian aid destined to Gaza, at the Egyptian Red Crescent warehouse in Egypt’s northeastern city of Arish in the north of the Sinai peninsula, about 55 kilometres west of the border with the Gaza Strip, on 8 April 2025. [LUDOVIC MARIN/POOL/AFP via Getty Images]
Plans by the UK and France to recognise a Palestinian state at an upcoming international peace conference in New York this month have been shelved, marking yet another U-turn just weeks after both governments signalled support for Palestinian self-determination in response to Israel’s genocide in Gaza and ongoing ethnic cleansing in the occupied West Bank.
The three-day conference, scheduled between 17-20 June and co-sponsored by France and Saudi Arabia, was initially framed as a diplomatic breakthrough that could see major Western powers recognise Palestinian statehood as a matter of principle. However, diplomats have now confirmed to the Guardian that the event will instead focus on vague “steps towards recognition.”
The reversal comes despite recent pledges by both London and Paris to re-evaluate their approach in light of Israel’s devastating military campaign in Gaza, which has killed over 55,000 Palestinians, most of them women and children, and the aggressive settlement expansion in the illegally occupied West Bank. Israeli officials have recently approved 22 new settlements, in what Defence Minister Yoav Gallant described as “a strategic move that prevents the establishment of a Palestinian state.”
French President Emmanuel Macron had previously declared Palestinian statehood a “moral duty and political requirement,” but according to officials who briefed Israeli counterparts this week, recognition will no longer be announced at the conference. Instead, it is being repositioned as a distant outcome contingent on a series of conditions, including a permanent ceasefire in Gaza, the release of Israeli captives, and the restructuring of the Palestinian Authority to exclude Hamas.
The UK government, which has faced increasing pressure from MPs to take stronger measures against Israel, has taken a similar position.
According to the Guardian, British and French officials now view recognition not as a moral position or legal obligation, but as a reward contingent on the compliance of Palestinians with a framework shaped largely by Israel’s priorities. The Israeli public, however, has largely abandoned the idea of a two-state solution. According to figures cited by the Guardian, just 20 per cent of Israelis support the creation of a Palestinian state, while a staggering 56 per cent of Jewish Israelis back the “transfer” of Palestinian citizens of Israel to other countries, an explicit endorsement of ethnic cleansing.
Meanwhile, public support for Palestinian statehood continues to grow across Europe. Ireland, Spain and Norway formally recognised Palestine last year, and several Conservative MPs in Britain, including former Attorney General Sir Jeremy Wright, have broken ranks to endorse recognition.
Saudi Arabia, the conference’s co-host, has repeatedly accused Israel of committing genocide in Gaza, and there appears little prospect of Riyadh normalising relations with Tel Aviv. Analysts note that France’s vision of mutual recognition, Western states recognising Palestine in exchange for Arab normalisation with Israel, is rapidly collapsing in the face of Israeli escalation and public outrage across the Arab world.
Palestinians and their supporters are likely to view this latest shift as yet another instance of Western duplicity, offering rhetorical support while continuing to shield Israel from accountability. The Elders, a group of former global statesmen, urged Macron in an open letter to treat recognition as a “transformative step toward peace,” and not to view the self-determination of Palestinians as a chip to be negotiated with Israel.
Is Norway’s money being invested responsibly? (Photo: Andrzej Rostek / Alamy)
Scandinavian countries are often held up as models for a better society. None more so than Norway, flush with North Sea oil wealth, which it can invest responsibly.
The money is put aside in a sovereign wealth fund, owned by the Norwegian government and managed by the country’s central bank, Norges Bank. It is the largest such fund in the world, worth £1.4 trillion.
Called the Government Pension Fund Global (GPFG), or just the Oil Fund, it is supposed to adhere to ethical guidelines by excluding certain companies from its portfolio.
That’s if they are involved in serious violations of human rights – especially in conflicts – gross corruption, the production of nuclear weapons and more.
However, in outright contradiction to these guidelines, the GPFG invests billions of pounds in many of the world’s largest arms companies. In fact, it owns stakes in exactly half of the world’s top 100 arms companies, accumulating at almost £14 billion.
This includes arms companies here in the UK that supply Israel – despite Norway recognising the state of Palestine as recently as May 2024 and excluding companies from the GPFG involved in activities violating international law.
So why is Norwegian money finding its way into Britain’s arms industry, which supplies Israel?
Arming Israel
Among these investments is QinetiQ in which the GPFG holds over £46 million in shares.
The British defence tech firm has collaborated with the Israeli military to develop the Watchkeeper drone system, a joint project with Israel’s Elbit Systems, a company dropped from the fund in 2009 for supplying surveillance systems for the separation barrier in the West Bank.
Equinor has retracted a claim that it stores about a million tonnes of carbon dioxide annually at its flagship carbon capture project after DeSmog obtained data showing the real figure was as little as a tenth of that amount.
The Norwegian oil company scrubbed the estimate from its website in November, when presented with official figures showing that it captured 106,000 tonnes of carbon dioxide (CO2) at its Sleipner carbon capture and storage (CCS) facility in 2023.
Equinor has not captured 1 million tonnes of CO2 per year at the site since 2001, according to the data, provided by the Norwegian Environment Agency.
The company put the reason for the discrepancy between the official figures and its public-facing claim to be capturing “about 1 million” tonnes of CO2 a year down to a failure to update a “static” webpage.
“We have now removed this error from our website and updated this section with the correct information,” Equinor spokesman Gisle Ledel Johannessen said via email.
Equinor has been capturing CO2 from a gas processing plant at the Sleipner gas field in the North Sea since 1996. The field has particularly high concentrations of CO2, which Equinor filters out during the gas purification process and then injects below the seabed.
The project has been cited by carbon capture advocates, and Equinor itself, as evidence that the technology is reliable enough to help meet global climate goals, despite its long history of cost-overruns and failed targets.
A screenshot of Equinor’s website, taken on 13 October, 2024 Credit: Edward Donnelly. The claim has since been removed.
Expansion Plans
Equinor is positioning itself to play a key role in the European Union’s plans to massively increase carbon capture. The bloc has adopted an official target to deploy an annual 50 million tonnes of CO2 storage capacity by 2030 from roughly three million tonnes available across the continent today, though the pace of the existing roll-out is nowhere near on track to achieve that goal.
Norway, not an EU member, is home to almost all of Europe’s operational carbon capture capacity, which is comprised of Sleipner and a similar project also operated by Equinor at its Snøhvit gas field in the Barents Sea. The two sites stored a total of 763,000 tonnes of CO2 in 2023, according to the Norwegian Environment Agency figures, less than half of their combined capacity of 1.7 million tonnes of CO2.
Equinor’s statement that it was capturing “about 1 million tonnes of CO2 each year” at Sleipner alone appears to have first been published on the company’s “carbon capture and storage (CCS)” webpage in 2022, according to archived internet data. That year, the Sleipner field captured 260,000 tonnes of CO2, according to the Norwegian Environment Agency, which regulates the oil and gas industry.
DeSmog asked Equinor for its data on carbon capture at Sleipner in October. When the company declined to provide it, DeSmog obtained the figures from the Norwegian Environment Agency, which collates companies’ self-reported data.
Equinor spokesman Johannessen said that Sleipner had been capturing less CO2 in recent years because of declining gas production at the site.
Credit: Sabrina Bedford.
Broken Equipment
Equinor had previously acknowledged that faulty monitoring equipment at Sleipner caused it to over-estimate the amount of CO2 it was capturing at the field for several years, as DeSmog reported in October. During a more than four-year period from January 2017 through March 2021, the company said that it had captured a cumulative total of about 2.7 million tonnes of CO2 at the site. Equinor later amended the figure to 2.1 million tonnes, about a 28-percent decrease.
The gulf between Equinor’s public claims and Sleipner’s actual performance underscores concerns among climate advocates that the oil industry is hyping the potential of carbon capture as a climate solution to deflect pressure to cut production of fossil fuels.
At least 480 carbon capture lobbyists attended the latest annual UN climate conference in Azerbaijan in November, according to the nonprofit Center for International Environmental Law. In October, DeSmog revealed that Equinor had been holding more meetings with ministers to lobby the UK government over CCS than any other company, part of its plans to play a leading role in the country’s carbon capture plans.
Equinor suggested that carbon capture could be the “best-kept secret” for climate action in a 2019 video, concluding that renewable energy sources such as wind and solar were “not enough.” In sponsored content currently viewable on the Financial Times website, Equinor says that CCS “has emerged as one of the key technologies in mitigating global warming” and addresses “misconceptions,” such as concerns over high costs and links to continued oil and gas production.
Ketan Joshi, an Oslo-based climate consultant, said that the way Equinor presents its CCS operations as a climate solution is “misleading” because its existing projects only capture a small proportion of emissions, while total fossil fuel emissions in Norway remain high.
“Equinor uses ‘ambitious’ CCS targets as a way of simulating action without actually performing it,” Joshi said. “They report the amount of CO2 they capture each year and it does not increase.”
*A screenshot of a table showing the amount of CO2 captured at Sleipner provided to DeSmog by the Norwegian Environment Agency. The agency noted in an email that the 2021 volume should be 260 kilotonnes and not 322 kilotonnes, and that it will correct the figure in the next edition. The 106 kilotonne figure (106,000 tonnes) for 2023 was provided separately by email.
CO2 Tax
The Sleipner CCS project was devised by Equinor (then Statoil) in the mid-1990s as a way to reduce its exposure to Norway’s newly implemented CO2 emissions tax. The company established its CCS project at Snøhvit in 2008 also to reduce its tax burden from CO2 released during gas processing.
“Sleipner and Snøhvit are CCS projects with high quality that rightly enjoy worldwide recognition from academia, industry, governmental bodies and science institutions as proven and safe CO2 storages over decades where Equinor and our partners so far have stored over 25 million tonnes of CO2 since 1996,” said Equinor spokesman Johannessen.
He added that over the past five years, the company has “injected 99.7 percent of the CO2 that has been captured on Sleipner into the ground.”
The amount of CO2 captured by Equinor’s two CCS projects is dwarfed by the emissions released by burning the oil and gas sold by the company. In 2023, Equinor recorded a total of 262 million tonnes of CO2 emissions — including the emissions produced by its operations, and the emissions from burning the oil and gas those operations extracted, according to company sustainability data.
In contrast, the company captured and stored a total of about 0.8 million tonnes of CO2 at Sleipner and Snøhvit, more than 300 times less than the amount emitted into the atmosphere by burning its products.
And even with a functioning carbon capture facility onsite, net CO2 emissions at Sleipner far exceeded the amount of the gas that was stored.
The Sleipner offshore platform provides power to several nearby gas fields by burning gas in turbines — a process that released 658,000 tonnes of CO2 into the atmosphere in 2023, according to the company’s sustainability reporting. That’s more than six times the 106,000 tonnes of CO2 that Equinor captured and stored from gas processing at Sleipner that year.
To reduce the offshore platform’s CO2 footprint, Equinor announced last April that it would introduce an electrification plan for Sleipner, rather than opting to expand CCS operations at the field. The company is also planning an electrification project to reduce emissions from the gas export facility at Snøhvit.
Government Subsidies
In September, Equinor and partners Shell and TotalEnergies inaugurated the Northern Lights CO2 transport and storage facility near the Norwegian port of Bergen, which the companies say will store 1.5 million tonnes of CO2 a year from industrial sources on the Norwegian mainland at full capacity when it starts operations.
The project is mostly financed by $1.2 billion in Norwegian government subsidies, with an additional $141 million pledged by the European Union.
By 2035, Equinor says it aims to store 30 to 50 million tonnes of CO2 a year from new projects announced in Norway, Denmark, the UK, and the United States — an exponential increase from its current capacity.
While Equinor has signalled that it will need substantial subsidies to go forward with its CCS plans, the company continues to direct most of its investments into extracting more fossil fuels. In August, chief executive Anders Opedal announced up to $6.7 billion a year to fund new Norwegian oil and gas drilling until 2035.
In contrast, Equinor said in November that it will cut its renewable energy division’s workforce by 20 percent — about 250 jobs — citing economic headwinds in the sector.
“At the most basic level, Equinor presents CCS in a similar way to many other major oil and gas companies: a ‘necessary’ part of the climate solutions mix,” said Joshi, the climate consultant. “This is presented alongside the company’s aggressive expansionist agenda: opening many new oil and gas fields.”
Kirsti Bergstø, leader of the Socialist Left Party, speaks at a protest against deep-sea mining outside Norwegian Parliament. (Photo: Greenpeace)
One campaigner called it “a testament to the power of principled, courageous political action, and… a moment to celebrate for environmental advocates, ocean ecosystems, and future generations alike.”
Environmental organizations cheered as Norway’s controversial plans to move forward with deep-sea mining in the vulnerable Arctic Ocean were iced on Sunday.
The pause was won in Norway’s parliament by the small Socialist Left (SV) Party in exchange for its support in passing the government’s 2025 budget.
“Today marks a monumental victory for the ocean, as the SV Party in Norway has successfully blocked the controversial plan to issue deep-sea mining licenses for the country’s extended continental shelf in the Arctic,” Steve Trent, CEO and founder of the Environmental Justice Foundation, said in a statement. “This decision is a testament to the power of principled, courageous political action, and it is a moment to celebrate for environmental advocates, ocean ecosystems, and future generations alike.”
“Today, thanks to the SV Party and all those around the world who spoke up against this decision, the ocean has won. Now, let’s ensure this victory lasts.”
Norway sparked outrage in January when its parliament voted to allow deep-sea mining exploration in a swath of its Arctic waters larger than the United Kingdom. Scientists have warned that mining the Arctic seabed could disturb unique hydrothermal vent ecosystems and even drive species to extinction before scientists have a chance to study them. It would also put additional pressure on all levels of Arctic Ocean life—from plankton to marine mammals—at a time when they are already feeling the impacts of rising temperatures and ocean acidification due to the burning of fossil fuels.
“The Arctic Ocean is one of the last pristine frontiers on Earth, and its fragile ecosystems are already under significant stress from the climate crisis,” Trent said. “The idea of subjecting these waters to the destructive, needless practice of deep-sea mining was a grave threat, not only to the marine life depending on them but to the global community as a whole.”
“Thankfully, this shortsighted and harmful plan has been halted, marking a clear victory in the ongoing fight to protect our planet’s blue beating heart,” Trent continued.
In June, Norway announced that it would grant the first exploratory mining licenses in early 2025. However, this has been put on hold by the agreement with the SV Party.
“This puts a stop to the plans to start deep-sea mining until the end of the government’s term,” party leader Kirsti Bergstø said, as The Guardian reported.
Norway next holds parliamentary elections in September 2025, so no licenses will be approved before then.
The move comes amid widespread opposition to deep-sea mining in Norway and beyond. A total of 32 countries and 911 marine scientists have called for a global moratorium on the practice. More than 100 E.U. parliamentarians wrote a letter opposing Norway’s plans specifically, and the World Wide Fund for Nature (WWF) has sued to stop them.
“This is a major and important environmental victory!” WWF-Norway CEO Karoline Andaur said in a statement. “SV has stopped the process for deep seabed mining, giving Norway a unique opportunity to save its international ocean reputation and gain the necessary knowledge before we even consider mining the planet’s last untouched wilderness.”
Haldis Tjeldflaat Helle, the deep-sea mining campaigner at Greenpeace Nordic, called the decision “a huge win.”
“After hard work from activists, environmentalists, scientists, and fishermen, we have secured a historic win for ocean protection, as the opening process for deep-sea mining in Norway has been stopped,” Helle said in a statement. “The wave of protests against deep-sea mining is growing. We will not let this industry destroy the unique life in the deep sea, not in the Arctic nor anywhere else.”
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However, Norway’s Arctic waters are not entirely safe yet.
Prime Minister Jonas Gahr Stoere, of the Labour Party, toldTV2, on Sunday, “This will be a postponement.”
The government said that other work to begin the process of deep-sea mining, such as drafting regulations and conducting environmental impact surveys, would move forward. Norway is currently governed by the Labour and Center parties. The two parties leading in polls for September’s elections—the Conservatives and Progress Party—also both back deep-sea mining, according toReuters.
“If a new government attempts to reopen the licensing round we will fight relentlessly against it,” Frode Pleym, who leads Greenpeace Norway, told Reuters.
Other environmental groups tempered their celebrations with calls for further action.
Trent of the Environmental Justice Foundation said that “while today is a cause for celebration, this victory must not be seen as the end of the struggle.”
“We urge Norway’s government, and all responsible global actors, to make this a lasting victory by enshrining protections for the Arctic Ocean and its ecosystems into law, and coming out in favor of a moratorium or ban on deep-sea mining,” Trent added. “It is only through a collective commitment to sustainability and long-term stewardship of our oceans that we can ensure the health of the marine environment for generations to come.”
Trent concluded: “Today, thanks to the SV Party and all those around the world who spoke up against this decision, the ocean has won. Now, let’s ensure this victory lasts.”
Andaur of WWF said that this was a “pivotal moment” for Norway to “demonstrate global leadership by prioritizing ocean health over destructive industry.”
As WWF called on Norway to abandon its mining plans, it also urged the nation to reconsider its exploitation of the ocean for oil and gas.
“Unfortunately, we have not seen similar efforts to curtail the Norwegian oil industry, which is still getting new licenses to operate in Norwegian waters, including very vulnerable parts of the Arctic,” Andaur said. “Norway needs to explore new ways to make money without extracting fossil fuels and destroying nature.”
Greenpeace also pointed to the role Norway’s pause could play in bolstering global opposition to deep-sea mining.
“Millions of people across the world are calling on governments to resist the dire threat of deep-sea mining to safeguard oceans worldwide,” Greenpeace International Stop Deep-Sea Mining campaigner Louisa Casson said. “This is a huge step forward to protect the Arctic, and now it is time for Norway to join over 30 nations calling for a moratorium and be a true ocean champion.”
The Petra Nova Carbon Capture Project is seen on December 20, 2016 in Houston, Texas. (Photo: Marie D. De Jesus/Houston Chronicle via Getty Images)
“The fossil fuel industry delays climate action, distracts from real solutions that would end the fossil fuel era, and does everything in its power to squeeze the last drops of profit from a dying industry, at the expense of all of us.”
Among the world’s wealthiest countries, the U.S. leads the way in spending public money on so-called climate “solutions” that have been proven to “consistently fail, overspend, or underperform,” according to an analysis released Thursday by the research and advocacy group Oil Change International.
The group’s report, titled Funding Failure, focuses on international spending on carbon capture and fossil-based hydrogen subsidies, which continues despite ample data showing that the technological fixes have “failed to make a dent in carbon emissions” after 50 years of research and development.
The report details how five countries account for 95% of all carbon capture spending, with the U.S. investing the most taxpayer money in the technology, at $12 billion in subsidies over the last 40 years.
Norway comes in second with $6 billion going to carbon capture and storage, while Canada has spent $3.8 billion, the European Union has spent $3.6 billion, and the Netherlands has poured $2.6 billion into the technology, with which carbon dioxide emissions are compressed and utilized or stored underground.
“It is nothing short of a travesty that funds meant to combat climate change are instead bolstering the very industries driving it.”
Harjeet Singh, global engagement director for the Fossil Fuel Non-Proliferation Treaty Initiative, told The Guardian that the subsidies amount to a “colossal waste of money.”
“It is nothing short of a travesty that funds meant to combat climate change are instead bolstering the very industries driving it,” said Singh.
While proponents claim carbon capture and storage reduces planet-heating carbon emissions, OCI notes, it was originally developed in the 1970s “to enhance oil production, and this remains its primary use,” with the technology “barely” reducing emissions.
High-profile carbon capture failures in the U.S. include the Petra Nova project in Houston, Texas, which cost nearly $200 million in taxpayer funds and whose captured emissions were later used for crude oil production, and the FutureGen project, “which swallowed $200 million and never materialized.”
“Investing in carbon capture delays the transition to renewable energy,” reads OCI’s report. “Instead of wasting time and money on technologies that do not work, governments must commit to justly and urgently phasing out fossil fuels before it’s too late.”
Despite the lack of data supporting the use of carbon capture, the group said, countries including the U.S. are “preparing to waste hundreds of billions of taxpayer dollars on these ineffective technologies, further benefiting the fossil fuel industry.”
OCI highlighted how the U.S. and Canada, while ostensibly fighting the climate crisis, have spent a combined $4 billion in public money to explicitly “pay oil companies to produce more oil,” with the subsidies going to carbon capture for “enhanced oil recovery.”
The report also found that in addition to the $12 billion in taxpayer funds the U.S. has spent on carbon capture and fossil hydrogen—a leak-prone gas produced through energy-intensive processes that cause their own emissions—the government has spent an estimated $1.3 billion on the 45Q tax credit, which allows companies to write off tax for every ton of carbon dioxide they store underground.
The Inflation Reduction Act (IRA) increased the amount given to companies in 45Q tax credits from $35 to $60 per ton, meaning that the subsidy could grow to over $100 billion in the next 10 years.
OCI’s Policy Tracker shows that overall public spending on carbon capture and hydrogen could grow by between $115 billion and $240 billion in the coming decades.
“We need real climate action, not fossil fuel bailouts!” said OCI in a post on social media.
The group’s report also highlights that fossil fuel giants such as ExxonMobil have shifted from carbon capture skeptics to outspoken proponents of the technology—with the company bragging to investors that carbon capture and hydrogen would help its Low Carbon Business Unit make “hundreds of billions of dollars” and grow to be “larger than ExxonMobil’s base business.”
Exxon didn’t launch its carbon capture efforts until 2018, having spent several years and hundreds of millions of dollars on another “climate solution” that ultimately failed: the use of algae to make biofuels.
Since then, Exxon has “pushed for direct government funding for carbon capture, particularly at the U.S. Department of Energy (DOE),” successfully lobbying for $12 billion allocated in the Bipartisan Infrastructure Bill in 2021 for “carbon management research, development, and demonstration.”
Exxon also lobbied for the increased rate of the 45Q tax credit in the IRA and “played a ‘central role’ in drafting a 2019 DOE-sponsored report on carbon capture that determined Congress would need to create an incentive of around $90 to $110 per ton to support carbon capture deployment,” according to OCI.
The Guardian on Thursday reported that Exxon still “chases billions in U.S. subsidies for a ‘climate solution’ that helps drill more oil,” describing how the oil giant hosted an event at the Democratic National Convention earlier this month where senior climate strategy and technology director Vijay Swarup praised the IRA for helping Exxon pursue carbon capture and said: “We need new technology and we need policy to support that technology. We need governments working with private industry.”
Exxon’s enthusiasm for carbon capture, said OCI, is an example of how “the fossil fuel industry delays climate action, distracts from real solutions that would end the fossil fuel era, and does everything in its power to squeeze the last drops of profit from a dying industry, at the expense of all of us.”
