Discussion about this post

User's avatar
Richard McKenzie's avatar

Great policies indeed. And, being wealthy from oil revenue also helps a lot. Thanks for the heads up on my stats. Ive corrected the on-line version.

michael molyneaux's avatar

Richard, the graph showing Norway’s Electric Car Revolution looks impressive, but new purchase data does not represent the situation today where only one-third of all cars on Norwegian roads are now fully electric. Nevertheless, the trend is obvious. This is understandable: New internal combustion engine cars in Norway are taxed heavily while EVs are exempted from high purchase taxes and VAT. Petrol/Diesel vehicles are subject to full 25% VAT, high CO₂ taxes, and high nitrous oxide taxes. Norwegians and Scandinavians are far wealthier than us poor Kiwis on low wages and struggling to pay international prices for locally grown food, imported diesel and petrol and long-distance travel to anywhere interesting. If we had a major oil and gas field like Norway and fetched huge revenues at international prices our government would be able to finance a transition like Norway is doing.

No posts

Ready for more?