Amendment to the Act on the promotion of renewable energy sources and high-efficiency cogeneration (Act 492/2010)

The Act 492/2010 first modifies the excise tax framework on mineral oil to give priority to a mixture of mineral oil (motor gasoline and diesel) and biogenic substance. Second, the Act promotes renewable transport fuel by extending the scope of rights and obligations of renewable fuels producers and implementing generation targets for biofuel out of total consumption by 2020. Market players are expected to report on compliance to targeted shares of renewable fuels.

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