How Will Norway Deal with Less Fuel Tax Revenue while Reducing Carbon Emissions?


Norway reviewing future of fuel tax (Road Pricing, Apr. 24, 2015)

Today we review a short note on the status of fuel taxes and road tolls in Norway which like Canada is blessed with both considerable hydroelectric power and oil and natural gas resources. Norway has a much greater network of roads with tolls as well as many more electric cars than Canada. With the drop in oil prices and, as a result, reduced revenue from fixed fuel taxes, both countries have to decide how to manage the revenue side from fuel taxes and road pricing, as well as the movement toward lower carbon emissions which has been boosted by various incentives for electric cars (which tends to favour higher income owners) which are not available for heavy vehicles and trucks. The resulting decision may favour higher tolls. This is one option not available to oil producing countries, such as the USA and Canada, where tolling is much less seen.

Norway toll roads

To see Key Quotes and Links to key reports about this post, click HERE

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: