June 06, 2016 (LBO) - Norway will ban the sale of fossil fuel-based cars by 2025, with politicians from both sides agreeing that cars need to run on green energy, reports said.
The report follows the announcement that Norway will become the first country in the world to commit to zero deforestation, the Independent reported.
According to Norwegian newspaper Dagens Naeringsliv, "FRP will remove all gasoline cars", a headline which makes reference to the populist right-wing Framstegspartiet, or Progress Party.
Yet there is some denial from other right-wing representatives that the move has been confirmed.
If passed, it would be more ambitious than the Labour Party's proposal that no new diesel or petrol cars should be sold by 2030, and particularly significant because a large proportion of Norway's funds rely on the petroleum industry.
The four parties, who rule together through a system of proportional representation, have also agreed a new climate tax on electricity.
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About 24 per cent of the country's cars already run on electricity, and it is a heavy producer of renewable energy with more than 99 per cent of electricity covered by hydropower.
Norway also aims to triple its capacity of wind power by 2020, with a new three billion dollar investment in the sector approved in 2013.
Elon Musk, chief executive of US electric car company Tesla Motors, lauded the announcement.
"Just heard that Norway will ban new sales of fuel cars in 2025. What an amazingly awesome country. You guys rock!," Musk tweeted.