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The Swiss Climate Penny: An innovative approach to transport sector emissions

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  • Niederberger, Anne Arquit

Abstract

Under a voluntary agreement with the Government, the Swiss private sector proposes to lauch an innovative Climate Penny Fund. Oil importers agree to contribute CHF 0.01-0.02 for each liter of gasoline and diesel sold. The measure will generate at least CHF 70 million annually to finance climate protection projects domestically and abroad, enabling Switzerland to eliminate the anticipated transport sector compliance gap and to fulfill its greenhouse gas emission reduction obligations. At reasonable cost, the Climate Penny buys time to implement transport sector policies, develop low-emission technologies/infrastructure and facilitate behavioral changes, while still delivering real, measurable and long-term climate mitigation results.

Suggested Citation

  • Niederberger, Anne Arquit, 2005. "The Swiss Climate Penny: An innovative approach to transport sector emissions," Transport Policy, Elsevier, vol. 12(4), pages 303-313, July.
    • Handle: RePEc:eee:trapol:v:12:y:2005:i:4:p:303-313
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    References listed on IDEAS

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    1. Anne Arquit Niederberger, 2005. "Science for climate change policy-making: applying theory to practice to enhance effectiveness," Science and Public Policy, Oxford University Press, vol. 32(1), pages 2-16, February.
    2. Andrea Baranzini & Philippe Thalmann (ed.), 2004. "Voluntary Approaches in Climate Policy," Books, Edward Elgar Publishing, number 3035.
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    Cited by:

    1. André Sceia & Juan-Carlos Altamirano-Cabrera & Marc Vielle & Nicolas Weidmann, 2012. "Assessment of Acceptable Swiss post-2012 Climate Policies," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 347-380, June.
    2. Rattanachot, Wit & Wang, Yuhong & Chong, Dan & Suwansawas, Suchatvee, 2015. "Adaptation strategies of transport infrastructures to global climate change," Transport Policy, Elsevier, vol. 41(C), pages 159-166.
    3. Laura Kunz & Adrian Muller, 2010. "A case study on project-level CO2 mitigation costs in industrialised countries: the Climate Cent Foundation in Switzerland," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 53(5), pages 657-676.

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