Swiss Court Rules on Which Gas Imports Are Subject to CO2 Tax
(Reuters) — A Swiss court has ruled that natural gas imported to power turbines for compressing gas in the transit pipeline is not subject to the national carbon tax designed to curb the use of fossil fuels and protect the environment.
The Federal Administrative Court verdict released on Tuesday upheld an appeal by an unidentified company against the national customs agency, which insisted on imposing the tax that is collected on fuel used to produce heat, generate light, power thermal plants or fuel combined heat-and-power plants.
Fossil energy sources used in combustion engines to generate power are exempt.
The case in question centred on whether the plant getting the gas should be considered a combined-cycle plant that produced both power and heat. The court ruled it was not.
The verdict is subject to appeal.
Related News
Related News
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Evacuation Technologies to Reduce Methane Releases During Pigging
- Editor’s Notebook: Nord Stream’s $20 Billion Question
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Russian LNG Unfazed By U.S. Sanctions
Comments