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It is true that Norway has an advantage, having the money to allow them to make this sort of investment. But rightly or wrongly, the entire economy is currently
by ArnoVW 6y ago
It is true that Norway has an advantage, having the money to allow them to make this sort of investment. But rightly or wrongly, the entire economy is currently awash with credit to fight the pandemic-induced economic crisis.
But money is not the only reason it has worked. Norway is generating 95% of their electricity using hydro. A KW/h is cheaper in Norway than it is in France (which is notoriously cheap due to nuclear). People want to have an electric car, because it makes sense for them. Once the economy is converted, they will reduce the incentives, and they will be in a very good place.
Now we can say that that is also an unfair advantage (a geographic one). But they did build all those plants. Norway did play the long game.
We can all continue to say that there are no solutions to climate change, or we can take a leaf from their book and start playing the long game. The best moment to plant a tree is 20 years ago. The second best moment is today.
Wikipedia page on Norwegian Electricity sector: https://en.wikipedia.org/wiki/Electricity_sector_in_Norway https://en.wikipedia.org/wiki/Electricity_sector_in_Norway
Eurostat statistics on electricity prices in Europe: https://ec.europa.eu/eurostat/statistics-explained/index.php/Electricity_price_statistics https://ec.europa.eu/eurostat/statistics-explained/index.php...
- n0rge 6y agoThey're already increasing some taxes from 2022 for EVs. Basically, EVs has to pay an insurance equivalent to what motorcycles pay. Which per now is 2135 NOK or USD 230. Governments writeup: https://www.regjeringen.no/no/aktuelt/pa-veg-mot-ei-framtid-med-meir-gron-transport/id2769316/ https://www.regjeringen.no/no/aktuelt/pa-veg-mot-ei-framtid-...