Norway has had incredibly generous electric car subsidies. This has meant that the number of people changing to electric cars are so high that the tax from gas guzzlers is falling faster than they anticipated. Electric cars are already 77.5% of new cars sold. This compares to the UK at 15% of new cars being electric, and the USA 2.6%. I find the USA particularly strange as they are the country which has lead to the rise of Tesla- though admittedly given the rise speed that tesla has been growing, this is probably out of date. With tesla, if the numbers are just 3 years out of date the number of deliveries has trebled (if you look back to 2013, only 8 years, there is only 20,000 sales, yet in 2021 936,000 were sold 4700% growth in 8 years).Continue reading “Is Norway having problems funding their country without combustion engine cars”
Worldwide fossil fuel subsidies last year were $5.9 trillion!
Perhaps a more alarming way of looking at this, worldwide fossil fuel subsidies last year were $11 million a minute.
Just think what that amount of money could do for mitigating climate change and reversing the damage on the natural world.Continue reading “Worldwide fossil fuel subsidies last year were $5.9 trillion!”