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 15:16

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.

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,

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.

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.

What do you think are the real reasons Matt Gaetz just withdrew his name for Attorney General in the upcoming Trump administration?

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

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

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

If you are a programmer using an AI LLM to help you code, are you finding it speeding you up or slowing you down? What impact has it had on your programming?

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.

CONCLUSIONS:

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