Comment by jasonfarnon

"Norway switching from ICEs to EVs objectively reduces global oil consumption+burning by exactly that much."

Meaning what they are in fact doing has the same effect as if they stopped producing/exporting oil exactly to the extent that it gets replaced by EVs over there? I could only see that happening if they undersell everyone in the world so they create no new consumers. I guess the truth is somewhere in the middle. I imagine the truth be known though? When Norway enters the market, how much other producers' sales go down?