How can one justify in Sweden that total subsidies for public green energy initiatives being approximately 8.2 billion SEK per year? Electric cars at market price typically cost an average of 500,000 SEK which is above household budgets.

Last Updated: 02.07.2025 02:02

How can one justify in Sweden that total subsidies for public green energy initiatives being approximately 8.2 billion SEK per year? Electric cars at market price typically cost an average of 500,000 SEK which is above household budgets.

But the Swedish government’s expenditure on green energy initiatives doesn’t seem too outrageous.

So - since not many people here know much about Sweden’s economics - let’s do a quick translation into US dollars. The conversion rate is about 10 SEK to the dollar.

Average salary in Sweden is SEK 481, 200 which is about $48,000 US. The average salary in the USA is $59,428 - .

I listened to Kamala Harris speech she gave in North Carolina. I support 100% of what she said. I am more and more in favor of a Kamala Harris presidency if Biden becomes unable to be our president! Do you find yourself supporting Kamala Harris now?

Sweden’s population is about 10 million - compared to 330 million in the USA. So this initiative in Sweden is costing about $82 per person per year. Which is about 0.17% of each person’s income.

And the 8.2 billion SEK spent on public green energy is about $820 million US.

500,000 SEK for an EV is $50,000 US…that’s about the cost of a mid-range Tesla Model Y in the USA,

Joe Biden is not the best president we had. That would be John F. Kennedy. How is voting for Donald Trump any worse than voting for Joe Biden?

CONCLUSIONS:

I agree that the price of EV’s in Sweden represents a larger percentage of average income than in the USA. Probably because Sweden doesn’t make their own EV’s and importing such things isn’t cheap.