Switzerland - International Emissions Trading Association

Author Acknowledgements:If you have any comments or suggestions for this case study, please do not hesitate to contact lead authors:EDF co-author: Peter SopherEDF contact: Daniel Francis (dfrancis@edf.org)Environmental Defense Fund (EDF)1875 Connecticut Ave NW Ste. 600Washington, DCIETA co-author: Anthony MansellIETA contact: Anthony Mansell (Mansell@ieta.org)International Emissions Trading Association (IETA)20 F St NW Suite 700Washington, DCEDF and IETA would like to thank Ruben Lubowski, Pedro Piris-Cabezas, Jos Cozijnsen, Jennifer Andreassen, JoeBillick, Clayton Munnings, and Juerg Fuessler (INFRAS) for their contribution to Development of Emissions TradingAround the World.Disclaimer: The authors encourage readers to please contact them with any corrections, additions, revisions, or anyother comments, including any relevant citations. This will be invaluable in strengthening and updating the casestudies and ensuring they are as correct and informative as possible.1 FOEN (2009). “Switzerland’s Fifth National Communication under the UNFCCC.” Available at http://unfccc.int/resource/docs/natc/che_nc5.pdf2 FOEN (March 2011). “First formal round of negotiations held with EU for linking of emissions trading systems.” Available athttp://www.bafu.admin.ch/dokumentation/medieninformation/00962/index.html?lang=en&msg-id=380213 FOEN (December 2011). “Federal Act on the Reduction of CO2 Emissions (CO2 Act).” The Federal Assembly of the Swiss Confederation. Available at4Supra, Note 1.5 According to FOEN, “the term ‘levy’ has been used in order to distinguish the CO2 levy from a conventional tax, since the revenue from the levy is not channeledinto the national budget, but is returned in its entirety to the population (via reduction of health insurance premiums), to businesses that pay it (in the form of a cutin old-age pension contribution), and to the buildings program.” Source: Supra, Note 3.6 Supra, Note 1.7 Government of Switzerland (May 2011). “Swiss Climate Policy – an overview.” Federal Department of the Environment, Transport, Energy, and Communications(DETEC) and Federal Office of the Environment (FOEN). Available at http://www.up.ethz.ch/education/carbon_mitigation/cmitigation_ch_climatepolicy_fs11.pdf8 Supra, Note 3.9 Supra, Note 1.10 Meyer, Rolf (July 2009). “Emissions Trading in Switzerland.” Bern Mobil. Available athttp://www.uitp.org/advocacy/climate_change_docs/CO2_emission_trading_CH.pdf11 Supra, Note 3.12 Supra, Note 2.13 Supra, Note 3.14 Government of Switzerland (July 2011). “Exempt companies involved in emissions trading.” Available athttp://www.news.admin.ch/NSBSubscriber/message/attachments/23689.pdf15 FOEN (July 2011). “CO2-tax exempt companies exceed CO2-targets also in 2010.” Available athttp://www.bafu.admin.ch/dokumentation/medieninformation/00962/index.html?lang=en&msg-id=4023716 Reinaud, Julia and Cedric Philibert (December 2007). “Emissions Trading: Trends and Prospects.” OECD and IEA. Available athttp://www.oecd.org/dataoecd/60/38/39725657.pdf17 FOEN (January 2010). “Emissions trading for companies.” Available at http://www.bafu.admin.ch/emissionshandel/05545/index.html?lang=en18 Supra, Note 7.19 Supra, Note 16.20 Supra, Note 15.21 Supra, Note 3.22 Mace, M.J., Ilona Millar, Christoph Schwarte, Jason Anderson, Derik Broekhoff, Robert Bradley, Catherine Bowyer, and Robert Heilmayr (May 2008). “Analysisof the legal and organizational issues arising in linking the EU Emissions Trading Scheme to other existing and emerging emissions trading schemes.” FIELD.IEEP. WRI. Available at http://www.field.org.uk/files/Linking%20emission%20trading%20schemes_0.pdf23 Parliament of Australia (November 2010). “Swiss emissions trading scheme.” Available athttp://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/Browse_by_Topic/ClimateChange/responses/economic/emissions/international/swiss24 Supra, Note 3.25 FOEN (November 2007). “Emission Credits, Offsetting and Trading.” Available athttp://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CB4QFjAA&url=http%3A%2F%2Fwww.bafu.admin.ch%2Femissionshandel%2F05564%2F05565%2Findex.html%3Flang%3Den%26download%3DNHzLpZeg7t%2Clnp6I0NTU042l2Z6ln1ad1IZn4Z2qZpnO2Yuq2Z6gpJCFdX54fGym162epYbg2c_JjKbNoKSn6A--&ei=QnaJUMrZNof40gH80ICABQ&usg=AFQjCNGaMYfuU8M0xEl98Q5wuJjICru_qQ&sig2=0YprQbaL5owwKj0MVaFqJw26 Supra, Note 25.27 Supra, Note 22.28 Supra, Note 3.29 Supra, Note 25.30 Aldy, Joseph and Robert Stavins (May 2012). “Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems.” The Chicago Journal ofInternational Law.31 FOEN (November 2010). “Linking the Emissions Trading System Swiss-EU.” Available athttp://www.bafu.admin.ch/emissionshandel/10923/index.html?lang=en32 Supra, Note 2.33 FOEN (December 2010). “The National Emissions Trading Registry.” Available at http://www.bafu.admin.ch/emissionshandel/05564/index.html?lang=enPage 7 of 8