The Mineral Oil Tax Act was amended to provide tax incentives for low carbon fuels. It contains provisions that allow a tax reduction of CHF0.40 (USD0.42) per litre petrol for natural gas and liquefied petroleum gas (LPG). Furthermore, biogas and other fuels from renewable energy sources are fully exempted from the Mineral Oil Tax under the condition that they fulfil ecological and social criteria. These include:
- Minimum of 40% GHG reduction
- Net environmental burden does not significantly exceed the environmental burden of fossil fuels
- The cultivation of biofuels must not endanger biodiversity, in particular rainforests
In contrast to other countries, in particular the EU, Switzerland has no percentage target for biofuels.
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- Mineral Oil Tax reduction on Biofuels and Natural Gas (Mineral Oil Tax Act) (amendment)
Mineral Oil Tax reduction on Biofuels and Natural Gas (Mineral Oil Tax Act) (amendment)
Summary
Documents
Document
Topics 
Beta
About this law
Year
2008
Most recent update
01/07/2008
Geography
Response areas
Mitigation
Sectors
Energy, Environment, LULUCF, Transport
Topics
, ,  
 Topics mentioned most in this law  Beta
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Group
Topics
Policy instrument
Risk
Impacted group
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Note
The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.