Ordinance for the Reduction of CO2 Emissions (CO2 Ordinance), SR 641.711
The initial levy was set at CHF12 (USD12.5) per tonne of CO2, which equates to CHF0.03 USD.03)/litre of heating oil and CHF 0.025 (USD.026)/m3 of natural gas. As CO2 emission reductions were not on track to meet the commitments, the CO2 tax was increased to CHF36 (USD37.6) per tonne of CO2. The revenues of the first phase (2008-2010) were re-distributed to employers and to the population on a per-capita basis. Since 2010, one third of the revenues have been channelled to the building refurbishment programme (about CHF300m, USD313m).
Building sector to emit no more than 78% of 1990 emissions by 2015 against a 1990 baseline
Industry sector to emit no more than 93% of 1990 emissions by 2015 against a 1990 baseline
Transport sector to emit no more than 100% of 1990 emissions by 2015