Analysis debunks Norway’s ‘electric vehicle success story’ – ‘Use taxpayer money to make the competition hugely expensive, & your green fantasy will come true’
The answer is, they use the revenues from their huge oil and gas industry to finance equally huge subsidies for EV owners, duh. ⏩
• 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).⏩
They haven’t merely tilted the playing field. They’ve stood it on edge.⏩
Lethal, expensive virtue signaling.