A comment above says that only 14% of GDP is oil dependent. That does look apoca... | Hacker News

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blackoil on Oct 6, 2021 | parent | context | favorite | on: Norway to hit 100% electric vehicle sales by early...

A comment above says that only 14% of GDP is oil dependent. That does look apocalyptic even if by magic oil demand drops to 0 tomorrow.

ars on Oct 7, 2021 [–]

14% of GDP - but a MUCH larger percent of exports. Also a quite large percent is indirectly from oil, i.e. oil related services.

Additionally social funding in Norway comes from oil - without that funding taxes would have to go up a lot.

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