A great video from Vox, looking at why Oslo, and Norway in general, is full of electric vehicles. The answer? Their sovereign wealth fund.
The proceeds from fund investments, the capital for which is generated from Norways oil and petrol reserves, pay for the incentives for the population to shift to cleaner transport.
Can’t think what other country has an abundance of raw materials it’s pulling out of the ground and selling to everyone else. Oh yeah, Australia – but no wealth fund for us.