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  • Cleaner vehicle purchase incentives (Decree Law No. 5 of 2009)

Cleaner vehicle purchase incentives (Decree Law No. 5 of 2009)

Geography
Year
2009
Document Type
Legislative

Summary

In February 2009, as part of measures aimed at supporting industrial sectors in crisis, the Council of Ministers launched a temporary incentive scheme for consumers to replace their old vehicles with new ones meeting certain environmental criteria.


Energy - demand-side policies: the scheme applies to cars, light commercial vehicles, as well as motorcycles and scooters. The incentives are provided in the form of a discount obtained by consumers directly from the dealers, who in turn receive this as a tax credit.


A bonus of EUR1,500 (USD1,882) is provided when a car more than nine years old and meeting Euro 0, 1 or 2 standards is exchanged for a new vehicle meeting Euro 4 or 5 standards and that emits a maximum of 130g CO2/km for diesel cars or 140g CO2/km for others. The exchanged vehicle must have been registered by December 1999.


This can be combined with a purchase incentive of EUR 1,500 should the new vehicle run on electricity, hydrogen or methane. Similar bonuses are provided for lightweight commercial vehicles, motorcycles and scooters.

Documents

About this law

Year
2009
Most recent update
10/02/2009
Response areas
Mitigation
Sectors
Buildings, Industry, Transport
Topics
, ,  

 Topics mentioned most in this law  
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Group
Topics
Target
Policy instrument
Risk
Fossil fuel
Greenhouse gas
Economic sector

Note

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.