this post was submitted on 24 Jan 2025

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TIL. Norway taxes oil companies 78% and we only take 5% royalties. (self.newzealand)

submitted 6 days ago by BalpeenHammer to c/newzealand

14 comments fedilink hide all child comments

That's why they are rich and we are poor I guess.

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[–] Venator 2 points 1 day ago

Also we could probably build enough bio fuel capacity for all the cars to keep going brr in a carbon neutral way for those that are keen on that sort of thing.