Switzerland’s carbon tax would jump up toCHF72 per ton from 2016, which is currently iCHF60 (USD67) per ton , if the power-related emissions of this year do not fall down to 76% of 1990 levels. If the emissions only fall to 78% of the baseline year then the tax will jump up to CHF84 per ton. To avoid tax hiking, emissions should be less than at least 24% of 1990 levels. The threat came after the country was disclosed about, the emissions of last year which were at 80.7% of 1990 levels.
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Canada-UK Income Tax Treaty protocol signed
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