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.
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