The proposed law slash dependence on imported oil and gas, and scale up green developments. Read more at straitstimes.com.
are expected Sunday to approve a new climate Bill aimed at swiftly steering the country towards carbon neutrality.
The populist right-wing Swiss People’s Party – Switzerland’s largest party – has been ramping up its calls for voters to reject the Bill, warning it could harm the economy. The proposed “Federal Act on Climate Protection Targets, Innovation and Strengthening Energy Security” would aim to reduce the dependence on other countries and also cut environmental pollution.The government proposed the law as an alternative to an effort by climate activists, dubbed the Glacier Initiative, for a popular vote on a total ban on all oil and gas consumption in Switzerland by 2050.
Nearly all of Switzerland’s major parties support the Bill, except the SVP, which triggered the referendum under the country’s direct democracy system against what it dismisses as the “electricity wasting law”. But there has been a growing push for Switzerland to reduce its reliance on foreign energy sources, after Russia’s invasion of Ukraine threw into doubt Swiss’s access to much of the foreign energy the country uses.Also on the ballot Sunday will be a referendum on whether to hike the tax rate for large businesses.
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