Switzerland has a mechanism that automatically increases taxes on fossil fuels if emission reduction targets are not met. And the small reduction in emissions in 2020 is not enough to avoid triggering a CO2 tax rise in 2022. Data published this week by the Federal Office for the Environment (FOEN) confirms the slow progress in […]
Swiss to vote on CO2 taxes. How much could it cost?
On 13 June 2021, Swiss voters will decide on whether to accept a government plan to raise taxes on certain high emission activities, which include additional taxes on heating oil, flights and petrol and diesel for road use. The aim of the revised law is to change behaviour and reduce Switzerland’s emissions. The amount that […]
Big rise in Swiss carbon tax from 1 January 2016
Swiss law requires big reductions in CO2 emissions by 2020. Reductions are below target, so from 1 January 2016 the government is increasing the tax from CHF 60 to CHF 84 per tonne of CO2 emitted as allowed by law. In particular, those who heat with gas and oil will pay more in 2016. Electricity […]