I have done a lot of traveling. For the most part, aside from Switzerland, not really.Maybe you need to do more traveling. Government works in many places.
I have done a lot of traveling. For the most part, aside from Switzerland, not really.Maybe you need to do more traveling. Government works in many places.
Social engineering? Or a population that demanded government policies that benefit the whole nation for the foreseeable future? I think their free market has a few different guardrails selected by their freely elected government to operate under, but if the majority of people their thought fossil fuels needed to be taxed less, then it would be taxed less. But if you live in a democracy, you need to accept that you don't get your way all the time, or even any of the time? Anyone there is free to leave, and some do, just like the US, or any country with reasonable citizen rights.Norway also has a debt to GDP ratio of only 30-ish percent, a massive sovereign wealth fund, and they bought their way to that 95% adoption rate.
It’s social engineering that got them there, not a free market. Not making a value judgement, just stating the facts.
I do find the combination of cold climate, and EVs everywhere, interesting…
We are engaged in semantics.There seems to be some misunderstanding about the adoption of EVs in Norway.
Norway set a goal of having sales of ICE vehicles end by 2025 and pursued this goal through tax incentives and a widespread build-out of EV infrastructure, not through mandation.
Here's a link to a BBC article that gives a good account of what Norway actually did:
https://www.bbc.com/news/articles/cg52543v6rmo
No economy in the world operates without its government defining the rules of the game, particularly incentives and disincentives, and high tax rates along with a low national debt, like Norway's, might be a better policy than putting so much of our federal spending on the plastic.
I mean, that's been advocated for for decades in Canada and there's always a blocker to prevent the full exploitation of those resources here. Quebec also "won the hydro lottery" and exploits Newfoundland to wheel-through the output of Churchill Falls to the US to make windfall profits that then artificially suppress consumer rates, resulting in them being a major receiver of transfer payments from BC, Alberta and Ontario.They did do well in the geography lottery for hydro power, and oil, so it would be kind of silly for them not invest the temporary oil windfall into a more permanent green energy economy?
Norway hasn't coerced anyone. Rather, they have set a policy goal and implemented policy tools in support of that goal with great success. Charging less tax is not coercion, it's incentive.I don’t want to argue but I am not anti EV. A point was made above about using panels and a plug in vehicle to Ave money. That is a valid consumer choice and it makes a lot of sense. That is entirely different than what essentially amounts to economic coercion. That is what Norway has done.
There are places with no real government at all, just pure "free markets", but I don't think you'll want to visit or live there?I have done a lot of traveling. For the most part, aside from Switzerland, not really.
I don’t want to argue with you. If you are talking about Europe as a model I have probably spent the equivalent of several years of my life there, mostly for work, and so I know it well. Europeans do live well relative the rest of the world. But to say the governments universally run well is a significant overstatement. France has a whole generation of young people who are finding it extremely challenging to get traction in the workforce. The UK economy has largely languished since Brexit and London has suffered as the financial center of Europe because the large firms can no longer passport into the EU. This has curtailed growth in the UK and it was interesting they had a run on gilts with Liz Truss a few years ago. Who would have thought that possible? Not a healthy economy and the government t has few options. Germany is struggling as it has embraced the green agenda but it has significantly impaired its industrial advantage via extremely high energy prices that are forcing companies to move outside of Germany and even out of Europe. (The trains in Germany no longer run on time.) When I was in Brussels a few years ago there was a farmers protest where the farmers drove tractors into downtown Brussels and set tires on fire in the streets. Otherwise peaceful. I spoke to a few of them and the short version is that they said they cannot competitively farm when the EU erects certain policies that makes it impossible for them to keep their farms profitable. (Also did you know residents of Brussels have sometimes three local governments with competing demands?) Italy is and has been a mess for decades. The north is decent but nothing goes on economically if you get much farther south than Rome. I could go on but you get the idea. Overall, EU GDP was equivalent to U.S. GDP at the time of the 08 crisis. Since then, US GDP is now about 40 plus percent larger. Money doesn’t make you happy but the lack of economic opportunity for the younger people across Europe is and will continue to cause unrest, resulting in political parties being relevant that could never be relevant 20 years ago. None of this is cause for gloating or celebration as Europe is the cradle of American civilization and together with Europe, western democratic ideals and capitalism and the best path for human prosperity. Long way of saying it would be good if they took less vacation and got their economic houses in order. It would allow them to be more forceful advocates for western ideals and self government than the hollowed out countries they are today. Neither Russia nor China have any fear or concern about what the EU does. Free healthcare is terrific until you see no one has straight teeth then maybe you think better to get a job with a US company that has a decent healthcare plan with dental.There are places with no real government at all, just pure "free markets", but I don't think you'll want to visit or live there?
For me, I'm most impressed with how well European nations, do without the huge amount of natural resources places like Canada, US, Russia have. They have figured out how to live "well" with being more efficient in resource use, and they keep their very limited farmland as farmland. Also I think they have a much longer planning horizon, as there was people living in the villages 2000 years ago, and they understand that there should be people living there in similar landscape 2000 years from now...
There's always a government. Whether it is a civilized one or a criminal cartel they are still governments.There are places with no real government at all, just pure "free markets", but I don't think you'll want to visit or live there?
For me, I'm most impressed with how well European nations, do without the huge amount of natural resources places like Canada, US, Russia have. They have figured out how to live "well" with being more efficient in resource use, and they keep their very limited farmland as farmland. Also I think they have a much longer planning horizon, as there was people living in the villages 2000 years ago, and they understand that there should be people living there in similar landscape 2000 years from now...
Per capital (aka average) is the biggest lie in statistics. You need to look at median usually because what Elon makes has nothing to do with what a section 8 McDonald's burger flipper make.GDP per capital is roughly 10% different between the USA and Norway.
I think my total is more than 40% if you include Federal, State, Property Tax, Medicare, Social Security, etc. BTW if I remember right Israel can be as high as 60%.Don't they have about 40% income tax depending on how much you make?? No thanks.
Exactly my point. Elons wealth gets distributed in Norway. And the country is happier.capital (aka average) is the biggest lie in statistics. You need to look at median usually because what Elon makes has nothing to do with what a section 8 McDonald's burger flipper make.
We brought a Norwegian manager to Newfoundland for a short term - but costly project …I mean, that's been advocated for for decades in Canada and there's always a blocker to prevent the full exploitation of those resources here. Quebec also "won the hydro lottery" and exploits Newfoundland to wheel-through the output of Churchill Falls to the US to make windfall profits that then artificially suppress consumer rates, resulting in them being a major receiver of transfer payments from BC, Alberta and Ontario.
I'd love to see advocacy for getting Canadian oil to market in the same way I see people in North America laud what Norway did. Newfoundland, Nova Scotia, Quebec...etc. All have massive oil resources, it's not just Alberta. But we have been told, repeatedly, that there's "no case for Canadian oil"; we were told that by Trudeau when Germany came to us and now they are buying it from Qatar.
Oh, for sure its not perfect in the EU, but for most people there, most of the time, its pretty good from what I've seen.I don’t want to argue with you. If you are talking about Europe as a model I have probably spent the equivalent of several years of my life there, mostly for work, and so I know it well. Europeans do live well relative the rest of the world. But to say the governments universally run well is a significant overstatement. France has a whole generation of young people who are finding it extremely challenging to get traction in the workforce. The UK economy has largely languished since Brexit and London has suffered as the financial center of Europe because the large firms can no longer passport into the EU. This has curtailed growth in the UK and it was interesting they had a run on gilts with Liz Truss a few years ago. Who would have thought that possible? Not a healthy economy and the government t has few options. Germany is struggling as it has embraced the green agenda but it has significantly impaired its industrial advantage via extremely high energy prices that are forcing companies to move outside of Germany and even out of Europe. (The trains in Germany no longer run on time.) When I was in Brussels a few years ago there was a farmers protest where the farmers drove tractors into downtown Brussels and set tires on fire in the streets. Otherwise peaceful. I spoke to a few of them and the short version is that they said they cannot competitively farm when the EU erects certain policies that makes it impossible for them to keep their farms profitable. (Also did you know residents of Brussels have sometimes three local governments with competing demands?) Italy is and has been a mess for decades. The north is decent but nothing goes on economically if you get much farther south than Rome. I could go on but you get the idea. Overall, EU GDP was equivalent to U.S. GDP at the time of the 08 crisis. Since then, US GDP is now about 40 plus percent larger. Money doesn’t make you happy but the lack of economic opportunity for the younger people across Europe is and will continue to cause unrest, resulting in political parties being relevant that could never be relevant 20 years ago. None of this is cause for gloating or celebration as Europe is the cradle of American civilization and together with Europe, western democratic ideals and capitalism and the best path for human prosperity. Long way of saying it would be good if they took less vacation and got their economic houses in order. It would allow them to be more forceful advocates for western ideals and self government than the hollowed out countries they are today. Neither Russia nor China have any fear or concern about what the EU does. Free healthcare is terrific until you see no one has straight teeth then maybe you think better to get a job with a US company that has a decent healthcare plan with dental.
Yes, you can buy gas there but it’s so heavily taxed you have to pay over nine dollars a gallonThey have a plan to benefit their average citizen for the future, and they are doing what makes sense to them in their country. You can still buy a gas vehicle there, but it makes no economic sense to do so for most people, and having an EV there isn't a hardship. I doubt you can find many sections of public road that isn't within 50 miles of a public charger?
So is Kuwait. Amazing what happens with a small population and the inherit huge energy related resources.Norway is perennially one of the happiest countries in the world.
Not only are they energy rich, which benefits all, I suggest they have more social unity.Norway is perennially one of the happiest countries in the world.
That and homogeneity of the population. Many of the Scandinavian countries are known for their relative happiness…and their homogeneity. But in reality, we are cherry-picking data, whether we look at taxes, demographics, EV usage, natural resource, or any other single factor in this discussion because there are hundreds of factors in the success/failure and political decisions made by a nation, and I feel like we are the three blind men describing the elephant - each one of us perceives one thing, while missing how they all fit together.So is Kuwait. Amazing what happens with a small population and the inherit huge energy related resources.
It's amazing how good and happy life can be when the American taxpayers are protecting OCONUS geography, and that geography is small in population and bursting with energy natural resources.
If it weren't for the American taxpayers, Mandarin might be the number one language spoken in Norway today.
Your points are fair to some degree but the point about GDP not being important is misplaced, respectfully. That is a measure of opportunity available and that is where the young people theee are falling behind. As I said I am not happy about this as we need strong partners and allies in a crazy world but it would be nice if perhaps we could ease up on the money printing and they could accelerate their economic development/growth. Have a good day.Oh, for sure its not perfect in the EU, but for most people there, most of the time, its pretty good from what I've seen.
In the US the increased GDP is meaningless to probably 60-75% the population, as things have gotten worse for them since 2008? On almost every measure of socio-economic well being for nations as a whole(life expectancy, birth deaths, "happiness" measures), the EU equals or outperforms Canada and the US without the advantages of our natural resources?
Also they have a good perspective on the realities and constraints that need to be made on endless economic growth, as their resources and farmland is limited.