All posts by Janice Gundersen

California’s first carbon capture and storage project approved by the EPA

California received permission to move forward with a project that would inject carbon dioxide into the state’s deep rock formation using a technology that has long tantalized the fossil fuel industry but has yet to break through.

The Environmental Projection Agency approved California’s first carbon capture and storage project in Kern County, the state’s hub for oil production and agriculture. The EPA announced in a Dec. 31 statement the site can safely receive and store carbon dioxide without harming local drinking water.

Carbon capture and sequestration has a spotty track record, both from an environmental and efficacy standpoint. The process is energy-intensive and has a history of high profile failures. Oil companies favor the technology because it allows them to potentially continue extracting and selling fossil fuels while seeking to address emissions.

Read full article here.

A Message from the Managing Director – January 2025

A Message from the Managing Director

Welcome Back – We Have Work to Do!

A Trump administration 2.0, trade tariffs, US-China geopolitical maneuvering, NATO development, Ukrainian tenacity, federal vs. US state sustainability leadership, breakneck technological advancements and complex dynamics of peace and stability in the Middle East. There is no shortage of issues directly impacting transatlantic relationships in the New Year. Yet, these challenges present an abundance of opportunities for strengthened collaboration and bilateral business pursuits.

In Norway, September national elections – combined with inflation, interest and exchange rates, productivity, international competitiveness, defense spending and mounting anti-business regulation – offer a mix of burdens and opportunities for private sector growth and development in 2025.

In other words, now is the time to engage in AmCham meetings, services and advocacy initiatives focused upon:

Business transition and advancements

Learning how and where forward-leaning international companies are innovating – firsthand – is the backbone of our Financial and Sustainability Forum series. How do Google, AWS, DNB, Marsh McLennan and PwC assess coming technologies and business risks? What can FREYR, Cognizant, KSAT, the Norwegian Ministry of Trade and Avinor teach us about real world green transition ventures? Join our collaborative roundtable sessions!

Jason Turflinger

Fair, transparent and stable operating environments
Via our comprehensive pro-business advocacy initiatives, AmCham champions competitive, collaborative business environments while addressing current and future policies that erode or hinder long-term value creation. This ongoing work is also carried out by our active Healthcare, Food & Beverage and ad hoc committees.

Public-private sector collaboration and trust
A deepened culture of cooperation and understanding between public officials and key member industry groups is needed for Norway to advance and compete globally. AmCham’s 40+ annual meetings and events – along with our informative reports – directly address this need.

Talent development
For Patron-level members, AmCham offers two unique programs to enhance participants’ business leadership skills: our Technology Talent Network (TTN) and our long running, popular Mentorship Program. Registration for our 10th Mentorship season opens in February.

As we buckle down for what promises to be an exhilarating year in transatlantic business, AmCham sincerely looks forward to working hand-in-hand with you, our inspiring members and partners!

Advocacy Initiatives – Archive

Advocacy Initiatives Archive

AmCham Response to Tendering in Publicly Financed Medicines (Blåreseptordning)

AmCham responded to the Hearing on Tendering in Publicly Financed Medicines, arguing against the introduction of a tendering pilot program. We encourage the Norwegian government to carry out a thorough assessment prior to the program’s implementation. This is necessary given the foundational regulations changes the program demands, as well as the broad impact of this program both domestically and within the international ecosystem.

Letter to Ministry of Justice Regarding Travel Restrictions

AmCham urged the Ministry of Justice to acknowledge US CDC vaccination cards as valid verification of vaccination status, as well as to open the borders to US travellers. The US represents Norway’s third largest trading partner outside of the EU and their access to the Norwegian market is crucial to upholding this.

Letter Regarding US Wine Deliveries

In support of our wine importer members we submitted a letter to Vinmonopolet requesting they not exclude American wines from their shelves that are experiencing delayed delivery due to the ongoing COVID-19 pandemic.

AmCham Response to KrF Document 8 Proposition 40 on the Evaluation of New Methods

AmCham fully supports KrF Document 8:40s (2021-2022) for the return of the Evaluation of the Decision Forum for New Methods to Parliament. There is a clear connection between national access policy and current political goals of facilitating innovation and growth, attracting foreign investment, building up national pharmaceutical stocks and production, and increasing the number of clinical trials taking place in Norway.

Response to Proba’s Evaluation of New Methods Reference Group

AmCham submitted a letter to Proba in reference to their recently published reference group in their evaluation of New Methods, advocating for broader representation for the private industry and trade.

AmCham Position Paper: Technology Industry

The recent pace of digitalization has led to drastic growth within the technology industry, and thereby a desire to restructure the international frameworks within which the industry operates. AmCham Norway presents this Position Paper on the Technology Industry in support of further strengthening the digital ecosystem of Norway and encouraging increased value creation across sectors.

A Call for Stable and Predictable Conditions: VAT Compensation for International Schools

International schools play an important role in attracting talent to Norway from abroad and supporting industries with common international employments domestically. In October 2020, AmCham Norway advocated for the development of sustainable economic framework conditions for international school, including the legal right to receive VAT compensation.

Høring: Åpenhet om legemiddelpriser, åpenhet i legemiddelhonorarer og åpenhet om enhetspriser på legemidlere

AmCham appeared before a parliamentary hearing examining the confidentiality of pharmaceutical discount pricing, arguing that, “AmCham sees no particular reason why there should be a difference in the public procurement of pharmaceuticals as compared to procurements within other sectors – or the health sector in general.”

Hearing: Unit Prices on Pharmaceuticals

AmCham participated in the hearing process for new routines connected to the treatment of unit prices on pharmaceuticals.

Sugar Tax: Appeal to halt imbalanced tax implementation pending essential consequence analysis

AmCham sent letters to the Minister of Finance, Siv Jensen; Minister of Trade and Industry, Monica Mæland; Minister of Health and Care Services, Bent Høie; and the standing committee on Business and Industry.

AmCham expressed its concern about the dramatic tax increase proposed for non-alcoholic beverages, chocolates and some confectionery products and appealing for them to halt the imbalanced Product Tax implementation.

Hearing: Privacy Shield

Managing Director Jason Turflinger wrote to Minister of Justice & Public Security Anders Anundsen on EU-US negotiations over Privacy Shield, encouraging him to support the rapid adoption of the Shield to promote business and protect consumers.

Advocacy Initiatives - United States

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AmCham's Comments to Senators and Members of congress Regarding the Proposed Budget Cuts to the US Department of Commerce and Department of State

Managing Director Jason Turflinger wrote to Senator Bernie Sanders, the ranking member on the US Senate Committee on The Budget, to express AmCham’s concerns about proposed budget cuts for the Department of Commerce and Department of State.

Advocacy Initiatives - European Union

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EDPB Recommendations Letter

AmCham sent a letter on behalf of member companies requesting clearer language surrounding Datatilsynet’s evaluation of the legality of the use of Cloud Services.




Response to the EDPB's Recommendations Relating to Data Transfer Protection

On behalf of our technology industry members, AmCham Norway provided comments on the European Data Protection Board’s recommendations on measures that supplement transfer tools to ensure compliance with the EU level of protection of personal data.

Letter to the European Commission: European Intellectual Property (IP) Incentives Review

In concert with AmCham EU and several other European AmCham’s, AmCham Norway wrote to the European Commission to express their concerns regarding the European intellectual property (IP) incentives review.

Carter leaves influential energy, environmental legacy

Former President Carter, who died Sunday at the age of 100, left behind a history of pioneering energy and environmental policy.

In his single term in the Oval Office, Carter took a range of actions on issues that remained influential long after his presidency ended, from imposing new wilderness protections to creating the federal Department of Energy during the recurring energy crises of the 1970s.

Carter formally created the department in August 1977, seven months into his presidency, when he signed the Department of Energy Organization Act. The law consolidated a number of existing agencies under the umbrella of the new federal department. The reorganization was largely in response to the 1973 oil crisis, during which the Organization of Arab Petroleum Exporting Countries (OAPEC) imposed an embargo against nations that had backed Israel during the Yom Kippur War the same month.

Amid national anxiety around energy supply, Carter was also an early champion of energy efficiency and specifically the use of renewable energy to achieve American energy independence. One of his most visible efforts was the installation of 32 solar panels on the roof of the White House in 1979. The installation came two years after the establishment of tax credits for homeowners installing solar-powered water heaters.

Read full article here.

Push to end US double taxation gains momentum with new bill

US expatriates’ hopes for an end to double taxation gained new momentum on Wednesday, as a politician introduced a bill in the House of Representatives that would allow citizens living abroad to switch to a residence-based taxation model.

The bill, put forward by Representative Darin LaHood of Illinois, is in line with president-elect Donald Trump‘s campaign pledge to end double taxation for Americans living abroad, who for years have complained about the complicated and costly process to remain compliant with the tax system.

 

News of the bill’s introduction was first reported by The Wall Street Journal.

The US is the only major country in the world that taxes its citizens based on citizenship instead of residency. Americans living abroad still have to file taxes with the Internal Revenue Service, which can cost hundreds of dollars to complete even though about 60 per cent do not owe taxes, according to the Taxpayer Advocate Service.

Read full article here.

Solar parts maker NorSun ends Norway ops, shifts focus to US

Norwegian solar ingot and wafer maker NorSun has decided to cease domestic operations, citing the impact of low-cost imports from China and Southeast Asia, and will shift its focus to the US where it is readying a 5-GW factory.

“The discontinuation of our operations in Norway is a result of oversupply and lack of regulations in Europe,” CEO Erik Løkke-Øwre noted in a press statement on Tuesday.

The factory, located in Ardal in western Norway, has an annual capacity of 1 GW from 88 ingot pullers and wafering capacity from 16 diamond wire saws, according to the company’s website. The site produced the first ingot in March 2008.

In September 2023, the Norwegian firm had to temporarily halt production at the Ardal plant and temporarily lay off employees until the turn of the year in response to “the price drop and the build-up of modules in stock […] creating major challenges for European players in solar energy.”

After discontinuing its operations at home, the Oslo-based firm will now concentrate its efforts on a USD-620-million (EUR 590.6m) project for an ingot and wafer production plant in Tulsa, Oklahoma. The planned facility already attracted interest from future customers, such as Heliene and Silfab.

Read full article, here

Lockheed Martin to Explore Advanced Technologies and Capabilities with Norwegian Industry

Lockheed Martin (NYSE: LMT) will collaborate with Norwegian companies on advanced technologies aiming to bring new capabilities to the aviation and defense industries in Norway. Each of the five contracted companies assumes a pivotal function within Lockheed Martin’s commitment to bring innovative and economically viable solutions developed by small and medium-sized businesses to a global market.

The partnerships will focus on developing:

  • Empact — A mechanism for field maintainers to photograph damage found on an air vehicle, then use a AI/MIL model to recommend repair options to return the air vehicle to flight readiness.
  • ModeSensors — Testing, evaluating, improving and demonstrating cockpit simulator systems interface and pilot hydration sensor accuracy and usability.
  • Jotne — A management platform for business-to-business collaboration and long-term storage, reducing touch labor time and increasing efficiency and quality.
  • Alva Industries — A new line of small unmanned aerial vehicle in order to improve capabilities by offering a variety of specialized propellers with optimized properties that can interchange for different missions.
  • UBIQ Aerospace — An ice protection solution for rotocraft that requires minimal maintenance as well as adapting UBIQ’s D*ICE™ solutions to future Unmanned Aerial Systems concepts.

“We are leveraging the expertise of the Norwegian advanced technology industry to enhance flight and mission readiness solutions for military and commercial customers,” said Dennis Goege, chief executive for Lockheed Martin Global Business Development and Strategy in Europe. “Strategic investments and partnerships with companies around the world allows us to pioneer advancements while driving local capability and economic growth.”

Read full article here.

AmCham’s Tech Talent Network at SAS: Trustworthy AI and Cyber Attacks

AmCham’s Tech Talent Network at SAS: Trustworthy AI and Cyber Attacks

The fourth and final Tech Talent Network gathering of the year was hosted by SAS. Participants gained insights on the evolution of ethics, privacy, and regulation in data analytics and AI with SAS’s Anette Jakobsen, while Simen Bakke walked the group through a previous supply-chain attack against SolarWinds and exploitation of zero-day vulnerabilities in Microsoft Exchange.

Trustworthy AI

Anette Jakobsen, Principal Advisor – Advanced Analytics and Artificial Intelligence, emphasized that AI presents both immense opportunities and formidable challenges. While AI presents great potential in improving access to- and quality of healthcare, allowing banks to more easily detect and prevent fraud, and optimize energy use, it can also amplify biases, threaten individual privacy, and perpetuate social inequalities.

“Taking advantage of AI begins with AI literacy and building trust in AI.”

Participants welcomed at SAS' offices

The general lack of understanding and acceptance of AI presents a major challenge in adopting the tool. The 2024 Edelman Trust Barometer found that globally, only 30% embrace AI, while 35% reject its growing use. Resistance to AI is stronger in developed economies, where 45% reject the growing use, and only 21% accept it. This highlights the need for trustworthy AI, which Jakobsen argues should include six key principles: human centricity, inclusivity, accountability, transparency, robustness, and privacy & security. Furthermore, ethical considerations must be made by companies creating and taking advantage of AI, considering the purpose, end goal, and potential negative impact of its use.

Simen Bakke, Senior Advisor at Police ICT-Services, discussed two significant cyberattacks affecting both US and Norwegian entities. The 2020-21 SolarWinds attack involved hackers, likely linked to Russia’s SVR, inserting a backdoor (Sunburst) into Orion network management software, which was distributed to 18,000 customers globally, including US government agencies and Norges Bank. While Norway reported no active exploitation, the breach revealed gaps in detection systems like the U.S. EINSTEIN program and underscored the need for stronger software supply chain defenses and faster response measures.


The Microsoft Exchange hack, attributed to China’s Hafnium group, exploited four zero-day vulnerabilities to gain unauthorized access to email servers globally. Beginning in January 2021, attackers installed “web shells” on thousands of systems, targeting both US and Norwegian organizations, including Stortinget, which experienced breaches and email theft. The incident highlighted the risks of exposing email servers to the internet, emphasizing the importance of strong access controls, rapid patching, and continuous monitoring to prevent future exploitation.

About the AmCham Tech Talent Network

TTN is a non-competitive arena for knowledge sharing, professional development, and expanding international market insights, currently open to select Patron-level technology industry member representatives. Exclusive quarterly sessions with industry leaders and external speakers create opportunities for collaboration and leadership development.

For further information and interest in the program, please contact Ragnhild.Dalen@amcham.no.

AmCham’s Tech Talent Network at Microsoft: Tech Geopolitics & AI Era Innovation

AmCham’s Tech Talent Network (TTN) gathered at Microsoft Norway’s offices, with Nordic Director of Government Affairs Kristine Beitland warmly welcoming participants and addressing the era of tech geopolitics. Beitland emphasized the need for knowledge sharing on fast-paced technological developments for robust regulatory frameworks, especially during periods of global instability

Read More »

PwC og AWS utvider samarbeidet om generativ AI

PwC og Amazon Web Services styrker samarbeidet for å utvikle skreddersydde kundeløsninger basert på generativ kunstig intelligens.

PwC og Amazon Web Services (AWS) styrker sitt samarbeid om skreddersydde løsninger basert på generativ kunstig intelligens (GenAI). Målet er å kunne hjelpe bedrifter innen bransjer som farmasi, finans og energi med å øke produktiviteten, skape nye inntektsstrømmer og få fart på den digitale transformasjonen.

Konsolidering, teknologi, kundeverdi og kultur: Fremtiden sett fra Amesto
– Tenk nytt og mer strategisk om CFO-rollen
EY får åtte millioner i bot
ESA godtar ny CO2-kompensasjon til industrien
Samarbeidet tar utgangspunkt i AWS’ GenAI-teknologi, herunder Amazon Bedrock, som har funksjonalitet som «Automated Reasoning»-kontroller for å redusere feil og gjøre AI-løsninger tryggere i bruk.

– Teknologiske gjennombrudd skjer nå i et forrykende tempo, og resonneringsevne er en av de viktigste innovasjonene vi kan gjøre for å hjelpe våre kunder å lykkes. Sammen med AWS gir vi kundene tilgang til sikre KI-verktøy som reduserer feil og gir innsyn i hvordan beslutninger tas, sier Matt Wood, global teknologidirektør i PwC.

Les hele artiklen her.

‘Drill, baby, drill’ unlikely under Trump presidency, Exxon says

Oil and gas producers in the U.S. will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby, drill,” said Exxon Mobil Corp.’s Upstream President Liam Mallon.

“I think a radical change is unlikely because the vast majority, if not everybody, is primarily focused on the economics of what they’re doing,” Mallon said on Tuesday at a conference in London.

Trump is expected to open up federal lands for more oil and gas drilling, but much of the land in the country’s largest oil and gas producing state, Texas, is private. Still, there’s plentiful federal land in neighboring New Mexico which includes the oil- and gas-rich Permian Basin.

“If those rules were substantially changed, you would be able to drill more, assuming you have the quality and met your economic threshold,” Mallon said. “But I don’t think we’re going to see anybody in the drill, baby, drill mode. I really don’t.”

Exxon’s European rival TotalEnergies SE is also skeptical of Trump’s vow to open US taps. 

“Maybe he has a magic recipe to push them to drill like mad,” TotalEnergies CEO Patrick Pouyanne said at the conference. He cited US producers’ commitment to return cash to shareholders and said “it’s not only decisions by politicians” that drive American output.

Read full article, here.