INTIEASwitzerland · CO2 compensation duty for importers of fossil motor fuelsPolicyIn force

CO2 compensation duty for importers of fossil motor fuels

Importers of fossil fuels have to compensate on average 5% of the CO2-emissions of the transport sector (= 800'000 t CO2 of 16 mt CO2 in total) with emission reductions in Switzerland from 2014 to 2020. Currently the importer association KLIK spends about 100 million CHF a year…

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Country / jurisdiction: Switzerland · Year: 2014 · Status: In force · Level: National · Type: Voluntary

Importers of fossil fuels have to compensate on average 5% of the CO2-emissions of the transport sector (= 800'000 t CO2 of 16 mt CO2 in total) with emission reductions in Switzerland from 2014 to 2020. Currently the importer association KLIK spends about 100 million CHF a year for reduction projects. Reduction cost is about 90 CHF/t CO2. The compensation projects are financed over a private levy of around 2 CHF-cent/litre on motor fuel.

Source

https://www.iea.org/policies/2590

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