5 ms·
Norway taxes petroleum extraction at 78% effective rate as well which primarily goes into the sovereign wealth fund, but also helps subsidize renewables. Norway
by krobbn 7y ago
Norway taxes petroleum extraction at 78% effective rate as well which primarily goes into the sovereign wealth fund, but also helps subsidize renewables. Norway has also invested heavily in trying to keep the rainforests from being torn down. They're at least trying something, and trying to encourage their own population to become greener, through things like little to no taxes on electric vehicle use, public transit, and so forth.
- emptysongglass 7y agoJust moved to Oslo. The number of Teslas here is borderline comedy. And it's all because of that succulent zero-tax on electric vehicles.