Amendment to Act Concerning Energy Tax (a component of the climate and energy package) within the 2013 National Budget Bill

The law aims to support the uptake of biofuels through the establishment of the following tax incentives:
– All biofuels are exempted from the carbon tax
– Fuels that contain hydrogenated vegetable and animal fats and oils (HVO) in blends of up to 15% are exempt from the fuel tax
– E85 and other high-blend biofuels continue to be exempt from the fuel tax; and
– Low-blend biofuels are subject to a reduction of the fuel tax.

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