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Policy
Finland
2022
Temporary fuel subsidy for transport companies
…fuels for Transport (or Distribution Obligation Act), which contains the following:A temporary reduction of the biofuels blending obligation to 12% in 2022 (-7.5 pp)The temporary easing of the regulation on exceeding the distribution obligationAny excess in distribution during 2022 could be taken into account entirely in the calculation of distribution obligation in the following calendar yearLessening the distribution obligation is expected to:Yield a 12 cents per litre reduction in the price of dieselIndirectly increase the excise duty revenue from transport fuels by about EUR 75 million in 2022. It is proposed to budget EUR 75 million…
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Contributor
Jennifer Morgan
State Secretary and Special Envoy for International Climate Action, Germany.