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To promote environmental investments.

3. Policy goals
Goal is to stimulate investments in environmental friendly capital equipment made possible by applying a reduction in the tax base, which compensates a part of the costs (MIA) or give an increase in the flexibility of the depreciation of environmental investments (VAMIL).

To compensate industry for increased electricity costs that are caused by a cost pass-through of CO2-costs that arise from the participation of power plants in the EU emissions trading scheme (EU ETS). For some industry sectors these increased electricity costs have a substantial effect on their global competitiveness, causing production and/or investments in these sectors to shift to regions outside the EU that are not subject to a similar carbon policy regime.

To reduce CO2-emissions as well as to stimulate energy-savings in the greenhouse horticulture sector

To stimulate green investment projects

To stimulate green investment projects.

To promote exports of goods, including any resource environmental protection activity in relation to designated gas, mining or petroleum project

To promote environmental protection

Some of the tax deductions include environment related activities (site rehabilitation and environmental protection).
11. INTERPRETATION (AMENDMENT OF SECTION 155).
Section 155 of the Principal Act is amended in Subsection 1 by -
(a) inserting, after the definition of "resource right", the following new definition:

"site rehabilitation activity" means an activity carried on by or for a taxpayer to restore or rehabilitate (whether partially or fully) a site on which the taxpayer for the purposes of producing income, carries or carried on a resource project to the condition, or a reasonable approximation of the condition, it was in before operations were first started on the site (whether the activity was first started by the taxpayer or a predecessor of the taxpayer whether immediate or otherwise), including any activities as prescribed by regulation; and

(b) repealing and replacing the definition of "resource project" as follows:

"resource project" means a designated gas project, a mining project or a petroleum project, including any resource environmental protection activity in relation to the designated gas, mining or petroleum project.".
12. DEDUCTION FOR ALLOWABLE CAPITAL EXPENDITURE (AMENDMENT OF SECTION 155E).

Section 155E of the Principal Act is amended by inserting a new subsection after Subsection (6) as follows:
"(7) To the extent that expenditure is incurred solely or predominantly for -
(a) environmental protection activities as defined in Section 72D(1); or
(b) environmental impact study as defined in Section 72E(1); or
(c) site rehabilitation activities,

To stimulate regional economy, sustainable growth and secure employment in Tyrol by providing grants. Aid is granted for business relocations or business expansions, product innovations or process innovations.

The notified guidelines comprise green electricity producing installations, especially photovoltaics, power storage systems and energy efficiency programmes. (...) The funding scheme targets the support for electricity production from renewable energy sources by new technologies, excluding hydro power, sewage sludge, meat and bone meal and waste liquor. Additionally funded are also measures to increase energy efficiency and energy saving by energy efficiency programmes. Electricity from renewable sources contributes significantly to achieve climate protection and environmental goals. A specific legal framework has been set up in Austria to increase the electricity production from renewable energy sources, either by funding the feed in of renewable electricity or by supporting the investment, as it is the case in the described Viennese funding scheme. The subsidy is granted by federal state government of Vienna and executed by the municipal department "Energy Planning". (...)