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Norway to hit 100% electric vehicle sales by early next year

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Re: Norway to hit 100% electric vehicle sales by early next year

#91

Earlier quoted context omitted.

> How large is the Oil Fund these days They got a "live" counter here[1], so yeah around 1.3 trillion USD give or take. Estimates for corona spending is around 80 billion USD[2]. [1]: https://www.nbim.no/en/ [2]: https://www.nettavisen.no/okonomi/regjeringen-advarer-oljefo...

Geezus, must be nice to have that kind of rainy day fund. Grossly over-simplifed: "Shut down the economy? Oh well, here's 80 billion dollars to keep everyone fed and warm."

A country can't sustain itself on cash alone. Human capital and infrastructure is vital.

Re: Norway to hit 100% electric vehicle sales by early next year

#92

Earlier quoted context omitted.

I don't think it's a country of virtue signallers as you think, just people who like to get the best bang for their buck. And gas cars as well as fuel get taxed so much, that buying electric makes sense for them. Who would've thunk, economic incentives help!? Sadly in many other places the deciding economic incentives are the ones the politicians get from the oil and ICE car industry.

arguably, taxes are the government's way of making the decision for the people, so if by "Norway" gp more accurately meant "the government of Norway", you haven't refuted their claims

We (as in the Norwegian population) have voted for politicians supporting this, though. At the election a month ago, it was just a thousand or so votes from being an incredible amount of green representatives.

Re: Norway to hit 100% electric vehicle sales by early next year

#93

It will be interesting if there comes a point where ICE vehicles are such a small minority of all vehicles, that supporting infrastructure (petrol stations, traditional mechanics, oil change services, etc) starts to collapse and disappear. There may still be some infrastructure for special use cases like long haul trucking or industrial vehicles, but it might become untenable for the average consumer to own an ICE ve…

The UK's recent fuel shortages have apparently spurred on EV sales so this seems likely.

Re: Norway to hit 100% electric vehicle sales by early next year

#94
post #82

Earlier quoted context omitted.

That's mostly because of the lack of midmarket cars. I bought a used sub-$20k electrical car a few months ago; it can be done. The market needs pressure to create cars in that price range; right now EVs are mostly luxury cars. Tesla is not the car we should be aiming for; what we need are things in the class of the E-Golf, Kia Niro, FFE, Fiat 500E etc. that are the size of a Corolla and cost 20k CAD or less. Until th…

Yeah, used EVs depreciate quickly. I'm comparing new Tesla Plaids to the C8 Corvette and due to depreciation its looking like the C8 will be much cheaper, and much more fun to drive. The C8 will drop 30k in 5 years according to C6/C7 data, whereas a Plaid will likely drop 70k. If I spend less than $800 a month on fuel the C8 is cheaper. Currently C8s are appreciating their first year, which is really weird. The Model…

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Re: Norway to hit 100% electric vehicle sales by early next year

#95
post #51

20% of Norway's GDP comes from pumping oil out of the ground and selling it for others to burn. If they were really green that would stop.

How much oil is needed to produce a single electric vehicle? What I am getting at is we will need oil extraction for a long time. While we can move away from burning it for heat, we still need it for the production of most plastics. This doesn't even begin to touch on oil's use in the extraction process of all the other metals used in car production. We also need oil for road building. I don't see that changing anyti…

Asphalt is itself very energy inefficient, and finding a replacement is rather important. Quoting kurzgesagt, the impact if manufacturing an electric car is equal to just two meters of asphalt road.

Re: Norway to hit 100% electric vehicle sales by early next year

#96

There's a huge price difference between electric cars and gas fueled cars here in Norway. Gas fueled car buyers have to pay both 25 percent VAT and an additional tax on purchase. Buyers don't have to pay neither of those taxes if they buy an electric car. The singer of the group A-ha, Morten Harket, bought an electrical car in 1989 and refused to pay road tolls and ignored all the subsequent fines. That got a lot of…

Other stuff is free/reduced toll on roads, lots of free charging, often cheaper parking on public spots, can use the bus lanes in heavy traffic (probably soon going away now that half the cars being electric would block the buses).

Re: Norway to hit 100% electric vehicle sales by early next year

#97

There's a huge price difference between electric cars and gas fueled cars here in Norway. Gas fueled car buyers have to pay both 25 percent VAT and an additional tax on purchase. Buyers don't have to pay neither of those taxes if they buy an electric car. The singer of the group A-ha, Morten Harket, bought an electrical car in 1989 and refused to pay road tolls and ignored all the subsequent fines. That got a lot of…

Meanwhile in Australia: electric cars are getting taxed more to support the aging oil infrastructure

Similar in California and other states. The states typically tax gasoline and since electrics don't use any they are implementing special fees on electric vehicle purchases to make up for lost revenue.

One would think that the savings in pollution (not only for the car itself, but the transport of the fuel, pollution from refineries, etc.) would offset any lost revenue from gas taxes.

What makes this really nonsensical is that many states still have electric vehicle rebates. They give you a rebate of a few thousand dollars to reward you for buying an electric vehicle but then charge you a few hundred dollars to punish you for buying an electric vehicle.

Re: Norway to hit 100% electric vehicle sales by early next year

#98
post #51

20% of Norway's GDP comes from pumping oil out of the ground and selling it for others to burn. If they were really green that would stop.

How much oil is needed to produce a single electric vehicle? What I am getting at is we will need oil extraction for a long time. While we can move away from burning it for heat, we still need it for the production of most plastics. This doesn't even begin to touch on oil's use in the extraction process of all the other metals used in car production. We also need oil for road building. I don't see that changing anyti…

Given that all the plastics and most synthetic fabrics are petrol derivatives I don't think it'll ever die.

90% of everything in your direct line of sight probably contain petrol derivatives. From wall paint to shampoo, your t-shirt, phone, chewing gums, toothpaste, rugs, shoes... We just can't sustain our modern lifestyle without it

Re: Norway to hit 100% electric vehicle sales by early next year

#100
There are some serious caveats here:

> seven out of every eight cars bought and sold in Norway a used car. The NAF’s numbers show that of the 357,176 ownership registration changes so far in 2021, electric vehicles only accounted for 12 per cent.

And their definition of electric cars includes hybrids (whereas I think most people interpret it to mean fully electric). So they're obviously doing great but the vast majority of the vehicles in Norway are still ICE only.

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