Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> The tipping point has already been passed in Norway, where tax breaks mean electric cars are cheaper.

It's like Norway is actively trying to devalue its copious natural resources.



Electricity is one of Norway's copious natural resources, all of their grid runs on hydro power.


Norway is one of the world's most prosperous countries, and oil and gas production account for 20 percent of its economy. Other important sectors include hydropower, fish, forests, and minerals. State revenues from petroleum are deposited in the world's largest sovereign wealth fund.


Less domestic consumption means more available to export.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: