GENEVA: The Swiss, feeling the impact of global warming on their rapidly melting glaciers, on Sunday backed a new climate bill aimed at steering the country towards carbon neutrality by 2050, according to early estimates.
Recent opinion polls had indicated strong but slipping support for the climate bill, amid an anxiety-infused campaign around electricity shortages and economic ruin driven by the populist right-wing Swiss People's Party . Climate activists had initially wanted to push for a total ban on all oil and gas consumption in Switzerland by 2050.
Nearly all of Switzerland's major parties support the bill, except the SVP - the country's largest party - which triggered the referendum against what it dismisses as the"electricity-wasting law". But the"yes" camp was likely strengthened by swelling concerns around Switzerland's reliance on foreign energy sources since Russia's invasion of Ukraine threw into doubt Swiss access to much of the foreign energy it uses.CORPORATE TAX HIKE
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