A parliamentary climate committee has approved an initiative to tax imports according to the amount of carbon produced during production.
The goal is to stop Swiss companies from moving production to countries with weaker environmental policies. The planned tax would wipe out any cost advantage.
Two sectors in the crosshairs are concrete and steel. The committee wants to make sure production stays in Switzerland.
The EU is also planning to introduce a similar mechanism in October 2023.
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Autumn arrives in Switzerland
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Driver warning in Vaud
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Mixed results in school classrooms
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Good news for household bills
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Fuel reserves now in use
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