2min chapter

What The Denmark | Danish Culture for Expats, Internationals and Danes cover image

Green Transition: how Denmark became a low-carbon, sustainable society

What The Denmark | Danish Culture for Expats, Internationals and Danes

CHAPTER

The History of Norway's Oil Deposits

Before the oil was found in Norway, were they basically going through the same trajectory? And it just so happened that all crisis hits. Norway actually has oil, so they didn't need to do all these measures. I think it went for all countries. The first tool you go to is taxes. You start taxing imports of fossil fuels. It's still the case today. We have very high energy taxes. That's going to happen again. Precisely. But in Denmark, we learned it the hard way because the government, supported by a parliament, decided to keep very high energy tax rates.

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