Latest / The Productivity Podcast with Fexingo: Output, Efficiency, and Long-Term Economic Growth
How Norway Decoupled GDP Growth from Emissions Using Carbon Pricing
Episode 94 of The Productivity Podcast dives into Norway's unique productivity story: since the early 1990s, the country has grown its GDP by over 70 percent while cutting domestic emissions by roughly 20 percent. Lucas and Luna unpack how Norway's aggressive carbon tax, now over $90 per tonne of CO2, forced industries like oil and gas, aluminum, and shipping to innovate rather than just pay. They explore the specific productivity boosts: Equinor's shift to electrified platforms, Norsk Hydro's energy-efficient smelters, and the rise of electric vehicles that now make up…
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