Life Cycle GHG Emission Reduction Target
On March 9, 2018, Finland published the Act on the Reduction of Lifetime Greenhouse Gas Emissions from Certain Fuels, No which set the 6% greenhouse gas (GHG) emissions reduction target for fuels used in the transportation sector by 2020. Aviation biofuels and electricity used in road transport are counted in the target.
The Finnish Energy Agency may impose a fine of at least EUR 5,000 and up to EUR 50,000 for not achieving the target or for fraudulent information.