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Tag Archives: environment

Swiss petrol and diesel tax to rise on 1 January 2021

On 1 January 2021, Swiss pump prices are set to rise by 3.7 cents per litre. © Frischschoggi | Dreamstime.comFrom 1 January 2021, the total taxes on a litre of petrol and diesel in Switzerland will be 77 and 80 cents respectively. At a price of CHF 1.50 litre, taxes will make up over half the price of a litre of fuel in Switzerland. The 3.7 cent tax hike, which is set to run until 2028, was adopted by the Federal Council on 1 July 2020. The increase aims to allow the government to...

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Economic outlook for Switzerland in 2021

Have the Swiss and European Union economies already been through the worst, or will the pandemic cause more damage in 2021? Keystone / Martin Ruetschi Lockdown, home office, travel bans. The pandemic has shaken up the economy, but its disruptive power is having a selective effect. While the pharmaceutical industry is sailing through the crisis unscathed, the watch industry is being hit harder than any time since the last world war. What is the future of...

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Countries still far from achieving sustainable development

Reliance on fossil fuels is putting the planet under increasing pressure. Keystone / Larry W. Smith The latest United Nations Human Development Report has found that countries, including Switzerland, still struggle to achieve high levels of human development without straining the planet. My specialty is telling stories, and decoding what happens in Switzerland and the world from accumulated data and statistics. An expatriate in Switzerland for several years, I...

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Swiss National Bank accused of lagging behind in green investment

[caption id="attachment_603925" align="alignleft" width="400"] About 3-5% of the investments of 180 Swiss financial institutions taking part in a government climate compatibility test flow into fossil energies like oil, gas and coal, according to a new report Keystone / Larry Mayer[/caption] Swiss banks and retirement funds are still investing enormous sums in fossil fuel companies and thereby contributing to global warming. This is the conclusion of a...

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Economic Aspects of the Energy Transition

In an NBER working paper, Geoffrey Heal discusses some aspects of the energy transition to come. On infrastructure investments: the likely net investment required to go carbon-free is now as little as $0.179 trillion renewable power from wind and solar PV plants is now less expensive than power from gas, coal or nuclear plants … If it were not for the intermittency of renewables, we would save money by converting to clean power. the social benefits from stopping the CO2 emissions...

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Swiss government relaxes rules for most polluting cars

Citing the economic effects of the Coronavirus pandemic, Switzerland’s Federal Council has decided to relax measures designed to curb the sale of the most polluting cars in Switzerland. © Malang Sheikh | Dreamstime.comIn July 2012, Switzerland introduced regulations on the CO2 emissions of new cars. The rules, which include average fleet emissions limits, apply to any vendor importing more than 49 vehicles into Switzerland. Any importer importing a fleet of 50 or more cars exceeding the...

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New cars on Swiss roads failed to meet emissions targets

Queuing up near Vevey on Lake Geneva. © Keystone / Cyril Zingaro Fuel consumption and emissions limits for new cars in Switzerland missed their target in 2019 for the fourth year in a row. This resulted in sanctions totalling CHF78 million for car importers. Last year, the 314,000 new cars registered in Switzerland spat out CO2 emissions of about 138.1 grams per kilometre, a rise of 0.2% on 2018, the Federal Office for Energy said on Thursday. This means new cars...

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Fewer cows, more cars: Switzerland misses its emission targets

There are now around 4.6 million cars in Switzerland, almost 50% more than in 1990. © Keystone / Michael Buholzer Switzerland’s emissions have declined over the last 30 years, but not enough to meet the national targets set for 2020. What’s behind the gap? By 2020, greenhouse gas emissions in Switzerland should be down by 20% from what they were in 1990. That’s the target outlined in the federal CO2 law. While figures are only available until 2018, the federal...

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Swiss parliament votes in favour of flight tax

© Christian Heinz | Dreamstime.com A majority of Switzerland’s parliament voted in favour of introducing a tax on flights departing from Switzerland. 132 voted in favour of the tax, with 65 against. The tax would range from CHF 30 to CHF 120 depending on the distance and class of travel, according to 20 Minutes. Private flights would be taxed too. A tax of between CHF 500 and CHF 5,000 would be charged depending on the type and size of aircraft. Parliament also voted...

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Swiss parliament votes in favour of flight tax

A majority of Switzerland’s parliament voted in favour of introducing a tax on flights departing from Switzerland. © Christian Heinz | Dreamstime.com132 voted in favour of the tax, with 65 against. The tax would range from CHF 30 to CHF 120 depending on the distance and class of travel, according to 20 Minutes. Private flights would be taxed too. A tax of between CHF 500 and CHF 5,000 would be charged depending on the type and size of aircraft. Parliament also voted in favour (133...

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