Norway Pledges 40 Percent Emissions Cuts - Green Inc. Blog - NYTimes.com

Norway also is one of the world’s top oil exporters, but it puts the revenue into a centrally managed petroleum fund, which sets it apart from petro-states with spendthrift tendencies.

The result is that Norway can make more ambitious pledges than other nations, and then dig deep into its plentiful public savings to buy up larger amounts of international credits to offset its carbon footprint.

Carbon footprint - Encyclopedia of Earth

For example, the average North American generates about 20 tons of CO2-eq each year.

[Note that at 10 cents per ton, the average North American can buy complete bogus CO2 absolution for 2 bucks per year!]