Electric cars hit record 54% of sales in Norway as fossil-fuel powered slumps to 17%

[ffr]

Electric cars hit record 54% of sales in Norway as VW overtakes Tesla
Battery electric vehicles accounted for more than half of all cars sold in Norway last year, putting the country way out in front in efforts to kill off the internal combustion engine. And Tesla (TSLA) lost its sales crown to the Volkswagen Group.

Norway is using huge tax incentives to help ensure that every new passenger car and van sold in the country by the end of 2025 is a zero-emission vehicle. Record electric vehicle sales in 2020 means the country is now ahead of schedule, according to Oyvind Solberg Thorsen, CEO of the Norwegian Road Federation (OFV).

The market share of electric cars in Norway increased to 54% in 2020 from 42% the previous year, according to data published by OFV on Tuesday. When hybrid vehicles are included, the share of electrified vehicles hit 83% last year.

Petrol (gasoline) and diesel cars, which had a combined market share of 71% in 2015, now have just 17%. - CNN Business

As the owner of an EV and ICE vehicle, without a doubt in my mind, as soon as I can do away with my fossil-fueled vehicle the better. I am so looking forward to that day. It may be this year, but probably next. No more stinky garage. No more dripping oil and frequent oil changes. No more warming up the engine on cold days.

[StClone]

1. More, more, more

Repubes still sending Petro companies money while electric car numbers skyrocket. What damning statement of irresponsibility of tax money waste to support a dying industry.

[MichMan]

2. I wish the incoming administration would adopt Norway's auto taxes.

24% VAT on all cars (waived for electric)

Additional taxes based on engine size and weight of vehicle (waived for electric)

Fuel taxes making the cost at the pump close to $7 per gallon

Once people realize buying that $50k Full size Pickup or SUV will cost them over $100k and $7 per gallon at the pump, they will fight to buy electric.

Norway is a perfect example of what needs to done to address climate change.

[hunter]

3. Norway has 514 motor vehicles per 1000 people compared to 838 for the U.S.A.

I think those are the more significant numbers.

We need to create communities that don't need cars, electric or otherwise.

[Finishline42]

4. The best part of this is that Norway is using their oil resource to get there

There are indeed planning for a different future. But they only have a bit more than 5 million people and a lot of land to spread them over.

Norway pop density 36.8/sq mile

Long Island, over 7 million and a pop density of 5,557/sq mile.

[NNadir]

5. Norway is an off shore oil and gas drilling hellhole. n/t.

[Finishline42]

6. Norway is in a bit of a quandary

They have over $1Trillion in their Oil Fund built from surpluses in oil revenue (close to $200k per person).

As pointed out above they have big time programs to transition away from ICE cars and trucks (even when the extreme cold temps work against batteries).

But you also have this --->>

Norway Is a Green Leader. It’s Also Drilling More Oil Wells Than Ever

Norway is in the midst of a national debate about climate change and the energy industry. The country is also on track to drill more oil wells than ever before.

This year, Norway is forecast to drill 130 wells—an uptick of 16% compared to 2018—with 55 of those wells for "exploration drilling", or drilling for fresh sources of oil, according to Rystad Energy, an Oslo-based consultancy.

Together, the pace of fresh drilling in the Scandinavian country—both one of the world's largest oil producers, and one of the countries at the forefront of "green" policy—could reach an all-time high, Rystad said.

That momentum is expected to remodel the offshore Norwegian Continental Shelf, the heart of the North Sea's oil production, as a boom area—even as global oil drilling is expected to be flat this year, the consultancy said.

“This brings activity levels in line with the record pace last seen in 2013 and 2015, before the effects of the oil price collapse took hold on the drilling market in Norway," said Eivind Drabløs, an analyst at Rystad specializing in offshore rigs.

https://fortune.com/2019/10/18/norway-drilling-climate-oil-and-gas/

[progree]

7. Myself, I blame the nations they export to and who actually burn the oil and gas as much

as the nations that produce it.

But many, including progressives, seem to have a blind spot about that. It's constantly, OMG! they are producing and selling fossil fuels, with no thought whatsoever about the countries that are importing it and burning it.

I suspect that's a self-protective blind spot. As Americans, most of us are utter pigs compared to other countries and even to other developed countries when it comes to per capita consumption and emissions, but most of us don't drill for oil. So we can sanctimoniously point our fingers at others while completely, thoroughly, and totally ignoring our own roles in this.

The same with manufactured products. Certain populous Asian countries have high emissions, and we just love to point our wonderfully wonderful progressive fingers at them. OMG! Why should we reduce our emissions when they are increasing theirs! We bleat at each other with our ignorant piggish "righteous" outrage.

Turns out though a lot of the problem is they manufacture (and emit), and we in the West consume a lot of what they manufacture.

I saw a Nation article about the U.K. and how it was reducing its carbon emissions, oh, how wonderfully wonderful, rah rah cheers. Turns out the picture looks a lot different when considering that over time, more and more of what had been manufactured in the U.K. is been done overseas, and the U.K. gets credit for reducing their emissions, while the Asian manufacturing countries get blamed for their emissions that result from producing the goods that the U.K. and other western countries buy.

It looks a lot different when looked at from the viewpoint of consumption emissions. That is, assigning the emissions resulting from the production and manufacturing of goods to the country that is consuming them.

[Finishline42]

8. When it comes to oil

I see it as stranded asset. The Saudi's did a voluntary cut this week because of over production. As more and more EV's hit the road it's going to make oil something fewer and fewer will be buying.

If long haul trucking gets off diesel it's going to change the picture big time. We have too many tax laws that subsidize shipping fresh produce from the West Coast to the East Coast when we should be investing in ways to grow it inside off season so we can develop locally grown food.