The Federal Council of Switzerland has adopted the revised CO2 Ordinance, which is scheduled to enter into force on 1 January 2021. The revision includes the extension of key climate protection instruments until the end of 2021, including an exemption from the CO2 tax for heavy emitters covered under the Swiss emission trading scheme (ETS), and an obligation for fossil fuel importers to offset the related emissions. The Swiss ETS will be extended for an indefinite period and the amount of the CO2 tax on fuels may be adapted in January 2022 if CO2 emissions have not decreased enough. The new text avoids a regulatory vacuum until the entry into force of the complete revision of the CO2 Act, which must now be put to the public in a referendum scheduled in 2021. The amendment of the ordinance also aims to implement a reduction of greenhouse gas emissions by 1.5% in 2021 compared to 1990.
In addition, the ordinance on renewable power support (OEneR) has been revised, including an increase in the contribution for solar PV below 30 kW from 1 April 2021 and a decrease for other types of PV installations.
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