Tag Archives: environment

In the NBER working paper “Dissecting Green Returns,” Lubos Pastor, Robert Stambaugh, and Lucian Taylor argue that excess returns on green assets during recent years are unlikely to predict expected excess returns. At least that’s what theory suggests: … green assets have lower expected returns than brown, due to investors’ tastes for green assets, yet green assets can have higher realized returns while agents’ tastes shift unexpectedly in the green direction. … green tastes can...

The risk to bees through pesticides and the ensuing effects on the world’s food crops have been the source of much debate. But do Swiss measures to support the domestic honeybee disadvantage the equally important wild bee? It is not easy to identify the 615 different species of wild bees found in Switzerland. Max Huber After some years in the regional print and broadcast media in French Switzerland, in 2000 I joined Radio Swiss International, which then became...

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. © Heiko Kueverling | Dreamstime.comThe aim of the revised law is to change behaviour and reduce Switzerland’s emissions. The amount that the proposed taxes would cost an average family range from around CHF 100 to CHF 1,000 depending on who is calculating it. In...

As we move through time scientific research improves our understanding of the world. The resulting revelations often point to changes that could lead to progress. However, these changes are rarely painless. © Prot Tachapanit | Dreamstime.com Shifting away from the use of antibiotics on livestock and the agricultural use of pesticides are not small adjustments. They underpin current farming methods on many Swiss farms. And using these substances has clear short term...

The Federal Electricity Commission (ElCom) has again voiced concern about Switzerland’s ability to secure sufficient power supplies in the coming years. The majority of Switzerland’s electricity is produced by hydropower. © Keystone / Christian Beutler While there is no immediate danger of shortfalls in the Alpine state, the electricity watchdog said on Thursday that more should be done to ensure domestic energy security in the mid to long term. Switzerland is...

Today, airplanes account for 2-3% of global carbon dioxide (CO2) emissions, but their share has been growing rapidly and is expected to triple by 2050. © Keystone / Christian Beutler The Swiss aviation sector, which includes Swiss International Air Lines and Zurich Airport, has pledged to slash CO2 emissions and make flying net zero by 2050. On Tuesday, Zurich, Geneva and Basel airports, together with SWISS, Easyjet, and the umbrella organisation Swiss Business...

Death threats, insults, posters vandalised or set on fire: the campaign for two initiatives against pesticides to be put to the vote on June 13 is extremely tense. This toxic climate highlights a deep malaise in the Swiss agricultural world. Scenes of vandalism are becoming regular features as two initiatives that seek to ban pesticides come to a vote in June. Union suisse des paysans “My children live in fear because they have suffered attacks and insults on social...

Switzerland continues to shift towards organic farming. Between 2000 and 2020, the number of organic farms has risen by 54%. In 2020, the number rose 3.8%. © Iwan Zeller | Dreamstime.comOrganic farms now make up 15.3% of total farms in Switzerland, up from 6.9% 20 years ago. In 2000, there were 4,902 organic farms. By 2020, the number had risen 54% to 7,561. The rise in organic farms stands in contrast to a backdrop of declining farm numbers. From 2000 to 2020, the...

Let me state from the outset, you won’t get a discount if you mention to your travel agent that you read this article when you book your trip to Switzerland this summer. But it will be nice to have you back; Switzerland – in line with much of Europe – is planning to open up to overseas visitors in a few short weeks. And since we haven’t seen you in a while, I expect you’ll be welcomed with open arms! I can assure you, the place hasn’t changed much. Of course, we have...

With five weeks to go before Swiss vote on two initiatives aimed at drastically cutting the use of pesticides, more than 50% appear to be in favour of both initiatives, according to RTS. © Dusan Kostic | Dreamstime.comOne of these initiatives, the clean drinking water initiative, aims to tie access to Switzerland’s generous farm subsidies to forgoing pesticide (and antibiotic) use. The second aims to ban the use of synthetic pesticide use more broadly after a 10 year...