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

Re:Norway to hit 100% electric vehicle sales by early next year by magicalhippo on Wednesday October 06, 2021 @05:20PM (#28778602)

> 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...

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Re:Norway to hit 100% electric vehicle sales by early next year by bellyfullofbac on Wednesday October 06, 2021 @05:29PM (#28778711)

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."

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Re:Norway to hit 100% electric vehicle sales by early next year by eptcyka on Wednesday October 06, 2021 @06:00PM (#28779043)

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

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Re:Norway to hit 100% electric vehicle sales by early next year by ars on Wednesday October 06, 2021 @06:23PM (#28779233)

For a few years. But divide that fund by the population and it suddenly doesn't seem as much.

Human capital is far more valuable, but most of the industrial knowledge of Norway is in energy production.

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Re:Norway to hit 100% electric vehicle sales by early next year by atq2119 on Wednesday October 06, 2021 @11:43PM (#28781573)

Energy production isn't going to go away.

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