Importers of fossil motor fuels are required to compensate domestically for 10% of the CO2 emissions caused by transport by 2020. They may carry out their own projects or acquire attestations.
The obligation to compensate for emissions caused by motor fuels is governed by the CO2 Ordinance, Art. 86-92. Importers of petrol, diesel, natural gas and kerosene that exceed the threshold of 1,000 tCO2 are required to compensate for their emissions. If the threshold has not been reached for 3 years, they are excluded from the required compensation. They may group together to form compensation pools.
The Federal Council may set the percentage of motor fuel emissions for which importers must compensate (compensation rate) within an average range of 5% to 40%. Compensation costs may not exceed 5 centimes per litre.
Compensations carried out by 2020
To comply with the statutory reduction target of 20%, it will be necessary to compensate for the statutory 1.5 million tonnes CO2 by 2020. This equals 10% of the CO2 emissions caused by transport. The compensation rate will be raised in three steps and amount to:
- 2% for 2014 and 2015
- 5% for 2016 and 2017
- 8% for 2018 and 2019
- 10% for 2020.
Last modification 01.10.2018