The European Commission has announced its approval of a one-year prolongation of Sweden's tax exemption for biofuels, first introduced in 2002.
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State aid: Commission approves one-year prolongation of tax exemption for biofuels in Sweden
The European Commission has approved, under EU State aid rules, the prolongation of the tax exemption measure for biofuels in Sweden. Sweden has exempted liquid biofuels from energy and CO₂ taxation since 2002. The measure has already been prolonged se…