INTIEAFinland · Draft budget HE 146/2020 - Reduction of the tax subsidy for paraffinic dieselPolicyIn force

Draft budget HE 146/2020 - Reduction of the tax subsidy for paraffinic diesel

The long term goal of this policy is to phase out paraffinic diesel entirely. The reduced tax revenue was EUR 21 million in 2021. The support was approved as part of the 2021 supplemental state budget on 21 December 2020 to incentivise energy efficiency and carbon

Last changed 4 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Finland · Year: 2021 · Status: In force · Level: National · Type: Voluntary

The long term goal of this policy is to phase out paraffinic diesel entirely. The reduced tax revenue was EUR 21 million in 2021. The support was approved as part of the 2021 supplemental state budget on 21 December 2020 to incentivise energy efficiency and carbon neutrality.

Official source: http://budjetti.vm.fi/indox/sisalto.jsp?year=2021&lang=fi&maindoc=/2021/aky/aky.xml&opennode=0:1:11:21:23

Source

https://www.iea.org/policies/13098

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-44722NewsIn force

How Many Barrels of Oil Do AI Data Centers Consume on a Daily Basis?

Analysis of energy consumption in cryptocurrency mining and AI data centers, estimating Bitcoin mining requires 138-175 terawatt-hours annually, equivalent to 500-600 barrels of oil per coin minted. Article examines growing power demands of blockchain and artificial intelligence infrastructure relative to fossil fuel equivalents.

1 day ago
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/oil_drops_as_iran_talks_advance-22-jun-2026-183968-article/?rss=trueNewsIn force

Oil Drops as Iran Talks Advance

Crude oil prices declined following US approval of limited Iranian oil sales, with shipping through the Strait of Hormuz showing signs of recovery.

1 day ago
INTEnergy Newsoilprice:oilprice-news-44726NewsIn force

Greek Energy Pulls In $26B As Europe Scrambles To Replace Russian Gas

Greece is attracting over $26 billion in international investment to position itself as a critical energy transit hub for Central, Eastern, and Southeastern Europe. This investment surge supports the EU's goal to completely phase out Russian gas imports by 2027, with major funds including BlackRock and QIA backing Greece's energy infrastructure development.

1 day ago
INTEnergy Newsoilprice:oilprice-article-44719NewsIn force

The Oil Crisis Is Far From Over

A U.S.-Iran Memorandum of Understanding regarding conflict settlement is unlikely to prevent an imminent energy crisis caused by rapidly depleting global oil and petroleum product inventories. The suspension of tanker traffic through the Strait of Hormuz during the conflict, which normally carries about 20% of global oil supplies, has depleted strategic reserves that previously acted as market buffers.

1 day ago
INTEnergy Newsoilprice:oilprice-news-44725NewsIn force

Saudis Turn to Russian Fuel Oil as Iran War Saps Fossil Power Supplies

Saudi Arabia is purchasing significant volumes of Russian fuel oil and vacuum gasoil due to supply disruptions from the Hormuz crisis affecting domestic oil and gas wells. Russian fuel oil exports declined 6% in May to 3.2 million metric tons due to Ukrainian strikes on energy infrastructure, but Saudi demand remains strong amid rising temperatures and domestic power generation needs.

1 day ago