|Policy status:||In Force|
|Policy Type:||Economic Instruments|
|Agency:||Ministry of Environment|
|Funding:||€350 million in expected yearly tax revenue|
The Italian government rose diesel fuel taxes by €0.005 per liter to fund the replacement of older municipal buses with newer, more-efficient vehicles. Representing an increase of 1.2%, the one cent tax should generate €350 million annually.
|This record supersedes:||Carbon Tax for Polluting Vehicles|
Last modified: Fri, 07 Nov 2014 17:35:28 CET