Finance Law 2010

The Finance law 2010 provides incentives for energy efficient buildings and the use of biofuel. Fossil fuels are subject to specific excise duties on the basis of weight or volume units. Biofuels are incentivised through a reduction of this excise duty. In particular, the Budget Law 2010 defines a maximum of 18,000 tonnes of biofuels that can benefit from this reduction. Italian legislation also stipulates that fossil fuel producers should annually supply a minimum quota of biofuels based on the total amount of fuel supplied during the previous year.