Country:Italy
Year:2005
Policy status:In Force
Date Effective:2005
Policy Type:Economic Instruments
Policy Target:
Agency:Ministry of Environment
URL:http://www2.minambiente.it/sito/temi/clima_normativa.htm
Funding:€350 million in expected yearly tax revenue
Description:

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