Ap and Sp reject SV proposals – want to steer Norges Bank away from green restructuring (today’s story)
By setting, among other things, the key rate, the central bank must ensure low inflation and financial stability. This is too little, believes the Socialist Left Party.

Now, fiscal policy spokeswoman Kari Elisabeth Kaski will extend the bank’s mandate to factor climate considerations into monetary policy.

– It is high time to instruct the central bank to work towards a green restructuring of the economy. This is the most important job for the Norwegian economy in the coming years, and financial and monetary policy must then have it at the top of the agenda, she says.

The SV summit believes that Norges Bank should always aim to work towards low and stable inflation, low unemployment and financial stability.

– But monetary policy must also weigh its impact on investments in renewable energy and the development of green businesses, Kaski believes.

The proposal faces opposition from the government parties Ap and Sp, which do not want to change the current tasks of the central bank.

– I am skeptical about adding additional elements to the mandate. Norges Bank runs a mandate in which it must work for low and stable inflation, low unemployment and financial stability. It is important for society as a whole and forms the basis for the exercise of politics, including for a green transition, said Center Party fiscal policy spokesman Geir Pollestad. Learn more (+)

Labor mayors in “secret” letter: − Untenable situation (GV)
The municipalities of Rogaland can receive a record dividend from the electricity company Lyse. Now they fear that the government won’t take any more money.

Lyse, as Norway’s third-largest electricity company, is owned by some of the hardest hit by the electricity crisis: 14 municipalities in southern Rogaland, including Stavanger, which owns 45.7%.

– The state already receives a lot of additional income from people and businesses in our region in the situation in which we currently find ourselves. In our region, residents and businesses clearly pay the most, Stavanger Mayor Kari Nessa Nordtun (Ap) tells VG.

– In addition, municipalities in Rogaland receive a higher increase in electricity costs for schools, retirement homes, sports facilities, etc. than other parts of the country

Nordtun is mayor of Ap in Stavanger and chairs the Labor Party’s energy committee. Now she is warning the Støre government against throwing in more money for a historically tight state budget from the power companies that are profiting the most from the crisis. Read more

Biden says it remains to be seen if he will run again (HAVE)
Joe Biden says it remains to be seen whether he will run for another presidential term in 2024. He has previously stated emphatically that he will run.

Biden, who turns 80 in November, said in a CBS interview his intention was to run for office.

– But that’s just an intention. Is it an unshakeable decision that I run again? That remains to be seen, he said. Read more

Trudeau does not want a debate on the monarchy (HAVE)
Canadian Prime Minister Justin Trudeau will not reopen the debate over the country’s role in the British monarchy, whose monarch is automatically the country’s head of state.

Canada, like Australia and New Zealand, among others, is one of the 14 former British colonies over which the monarch still rules.

After the death of Queen Elizabeth, debate erupted again in Canada over the role of the monarchy in the country.

In a poll by Ipsos for the Canadian Global News, 58% of respondents said they wanted a referendum on whether or not the country should break away from the British royal house.

– For me, it’s not a priority. It’s not even something I plan to discuss,” Trudeau said in an interview in London on Sunday, the day before the Queen’s funeral. Read more

Biden: US would defend Taiwan against Chinese invasion (HAVE)
President Joe Biden answers yes to questions about whether the United States would send troops to Taiwan if the self-governing island were to be invaded by China, which considers it its territory.

The statement comes in an interview with CBS that aired on Sunday. When asked what Chinese President Xi Jinping should know about Biden’s commitments to Taiwan, the US president said the US supports the “one China” policy, but Taiwan is taking its own independence decisions.

– We didn’t do anything. We do not encourage them to become independent. We don’t do that, it’s their choice, says Biden.

– But would the American forces defend the island, asks the presenter.

– Yes, they actually would, if it was an unprovoked attack, Biden replies. Read more