Analysis debunks Norway’s ‘electric vehicle success story’ – ‘Use taxpayer money to make the competition hugely expensive, & your green fantasy will come true’
By Willis Eschenbach
🧵 People keep pointing Norway out to me as an “electric vehicle success story”, and asking why we can’t do it when they can.
The answer is, they use the revenues from their huge oil and gas industry to finance equally huge subsidies for EV owners, duh. ⏩
Simple, huh? All you have to do is use taxpayer money to make the competition hugely expensive, and your green fantasy will come true. Of course this screws poor people to the floor, but hey, they’re saving the poor in the year 2100, so that’s OK. ⏩
Here’s how they do it:
• No purchase/import taxes (1990-)
• Exemption from 25% VAT on purchase (2001-)
• No annual road tax (1996-2021). Reduced tax from 2021. Full tax from 2022.
• No charges on toll roads or ferries (1997- 2017).⏩
• Maximum 50% of ferry fares for electric vehicles (2018-)
• Maximum 50% of the total amount on toll roads (2019)
• Free municipal parking (1999- 2017)
• Parking fee for EVs introduced locally with an upper limit of a maximum 50% of the full price (2018-)⏩
• Access to bus lanes (2005-).
• New rules allow local authorities to limit the access to only include EVs that carry one or more passengers (2016)
• 50 % reduced company car tax (2000-2018). Company car tax reduction reduced to 40% (2018-) and 20 percent from 2022.⏩
• Exemption from 25% VAT on leasing (2015)
• Fiscal compensation for the scrapping of fossil vans when converting to a zero-emission van (2018)
They haven’t merely tilted the playing field. They’ve stood it on edge.⏩
And all this tax $ wasted to enrich Elon Musk & fight an imaginary “CLIMATE EMERGENCY” … however, since cold kills far more folks than heat, I suspect the poor and homeless in Oslo would welcome a bit of warming.
Lethal, expensive virtue signaling.