Swiss voters Sunday overwhelmingly rejected an initiative that would have scrapped the Alpine country’s value-added-tax system and replaced it with a carbon tax. Roughly 92% of voters opposed the initiative while 8% supported the measure.
The initiative would have encouraged Swiss households to use renewable energy sources, including solar and wind, which would have been exempt from taxes. The initiative, which was introduced by the Green Liberal Party of Switzerland, was designed to help lower carbon emissions and reduce global warming. --Neil Maclucas, The Wall Street Journal, 8 March 2015 A proposal replacing the main consumer tax with a new levy on non-renewable energy has suffered a blistering defeat in Sunday’s nationwide ballot. The proposal by the Liberal Green Party won only 8% of the vote, according to final official results.
Sunday’s result was the second worst in modern Swiss history. --Swiss Info, 8 March 2015
Coal was the leading source of power generation in India last year and this is expected to almost double by 2025.
India’s clean coal capacity is forecast to grow by approximately 103 GW in the next decade as the country seeks to meet its surging electricity demand, according to new research. GlobalData’s senior power analyst Sowmyavadhana Srinivasan said India’s electricity demand was being driven by its increasing population and industrialization, improved standard of living, and strong economic growth. According to GlobalData, coal was the leading source of power generation in India last year, with 160 GW, accounting for 59 per cent of installed capacity, and this is expected to almost double by 2025. --Kelvin Ross, Power Engineering International, 4 March 2015
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Green Fiasco: 92% Of Swiss Voters Reject Carbon Tax In Referendum
The initiative would have encouraged Swiss households to use renewable energy sources, including solar and wind, which would have been exempt from taxes. The initiative, which was introduced by the Green Liberal Party of Switzerland, was designed to help lower carbon emissions and reduce global warming. --Neil Maclucas, The Wall Street Journal, 8 March 2015 A proposal replacing the main consumer tax with a new levy on non-renewable energy has suffered a blistering defeat in Sunday’s nationwide ballot. The proposal by the Liberal Green Party won only 8% of the vote, according to final official results.
Sunday’s result was the second worst in modern Swiss history. --Swiss Info, 8 March 2015
Coal was the leading source of power generation in India last year and this is expected to almost double by 2025.
India’s clean coal capacity is forecast to grow by approximately 103 GW in the next decade as the country seeks to meet its surging electricity demand, according to new research. GlobalData’s senior power analyst Sowmyavadhana Srinivasan said India’s electricity demand was being driven by its increasing population and industrialization, improved standard of living, and strong economic growth. According to GlobalData, coal was the leading source of power generation in India last year, with 160 GW, accounting for 59 per cent of installed capacity, and this is expected to almost double by 2025. --Kelvin Ross, Power Engineering International, 4 March 2015
more
Green Fiasco: 92% Of Swiss Voters Reject Carbon Tax In Referendum
