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% GHG emissions reduction target for fuels used in the transportation sector. 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.