The lower house of the Swiss parliament has accepted a proposal to introduce a tax on non-renewable energy sources as an amendment to a new constitutional energy law. The decision threw existing plans to implement a carbon dioxide tax into confusion. The amendment will introduce a tax of CHF 0.006/kWh on oil, gas, coal and uranium, reports ENDS Environment Daily. This would generate revenues of CHF 500 million a year. Half the money raised would go to promote solar energy; the rest to encouraging energy efficiency. The proposal is expected to move to the upper house of parliament in the autumn, where it must pass before implementation.
Have you registered with us yet?
Register now to enjoy more articles and free email bulletins.