|Policy status:||In Force|
|Policy Type:||Economic Instruments, Regulatory Instruments|
|Agency:||EnAW and ACT|
The CO2 law provides that large energy consumers can be exempt from the CO2 tax on heating and process fuels. Big and middle emitters must take part in the Swiss Emissions Trading System and middle and small emitters have to agree with the government to restrict their CO2 emissions to a certain level (target agreement) and, subsequently, meet their declared target.
The Energy Agency for Industry (EAEc) (and newly also the Cleantech Agentur Schweiz (act)) is responsible for preparing and concluding agreements, known as target agreements. The main objectives are to promote the reduction of CO2 emissions and increase the level of energy efficiency through the implementation of economically viable measures.
Together with affiliated companies, specific company-related targets are formulated and combined to form an overall objective. These are audited by the Swiss Federal Office of Energy and the Federal Office for the Environment to become legally binding commitments that grant exemption from the CO2 tax. In case of non-compliance, the company has to pay the CO2 tax plus any interest retroactively for the entire period since it was granted an exemption.
|Related policies:||Federal Law on the Reduction of CO2 (CO2 Law)|
Last modified: Tue, 19 Jan 2016 12:04:22 CET