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Swiss Vote Down Proposal for Massive 'Climate Fund'
11 Articles
11 Articles
The climate fund initiative fails even more clearly than expected due to the urn. The referendum is a clear signal against debt-financed expansion of climate policy.
The initiative aims to anchor the availability of cash and the franc as a currency in the Constitution.
The Swiss voted in a referendum yesterday to establish a large-scale climate fund to finance the fight against the consequences of climate change. The result was that 70.7 percent of voters voted against the establishment of the fund. Voter turnout was 55.5 percent. The proposal came from the Social Democrats and the Greens, who proposed that half to one percent of gross domestic product, four to eight billion francs, be placed annually in the f…
On 8 March, Switzerland rejected the Climate Fund initiative, which called for the federal government to provide up to one percent of the gross domestic product for climate protection.
The Swiss clearly rejected on Sunday at 70.7% the popular initiative for a climate fund, according to the quasi-final results. The project asked the Federal Council to invest more to achieve carbon neutrality by 2050.
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Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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