A growing interest in Arctic resources leads to increased pressure on local authorities to accept new industrial projects in their areas. This includes mining, petroleum, wind energy and less mature technologies like hydrogen and ammonia production.
Industry
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Europe has taken a leading position in relation to reducing greenhouse gas (GHG) emissions by adopting ambitious policies for the development and diffusion of renewable energy technologies. However, research and development (R&D) in new technologies is increasingly taking place on a global scale. This increasingly also involves the relocation of R&D and value-adding innovative activities to emerging economies, such as China, India and Brazil, by multinational companies (MNCs) from Europe.