INTIEASwitzerland · CO2 Act - CO2 levyPolicyIn force

CO2 Act - CO2 levy

Switzerland introduced a CO2 tax on fossil fuels used in stationary sources in 2008. The levy covers around 40% of the country’s greenhouse gas emissions, primarily in the heating and process fuel sectors (fossil fuel for electricity generation – mainly small CHP and district…

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Country / jurisdiction: Switzerland · Year: 2008 · Status: In force · Level: National · Type: Voluntary

Switzerland introduced a CO2 tax on fossil fuels used in stationary sources in 2008. The levy covers around 40% of the country’s greenhouse gas emissions, primarily in the heating and process fuel sectors (fossil fuel for electricity generation – mainly small CHP and district heating – amounting to 1.2% of total generation).

Two-thirds of Switzerland’s carbon tax revenues are returned to households and businesses through reductions in health insurance charges and social security payments.

Official source: https://www.bafu.admin.ch/bafu/en/home/topics/climate/info-specialists/reduction-measures/co2-levy/redistribution.html

Source

https://www.iea.org/policies/17762

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