Euronomics 1 | Page 8

Euronomics Norway also has the luxury of having far more natural gas and oil than they UK and only uses Hydroelectric power for about 95% of its energy source allowing them to sell the oil and gas to make a lot of money through exports while also resulting in lower CO2 emissions which is 8 times less than the UK. VS Also even their unemployment is lower than ours they have only 3.5% unemployment and we have 7.5%. What is even more surprising is since 1990 they have never had more unemployment than the UK with a peak unemployment level of 6% which is 1% higher than the lowest the UK experienced in the same period. 8