Swiss voters back law to boost renewables, reject healthcare insurance cost cut proposals
Business
The energy law was backed by more than two-thirds of those casting their votes
ZURICH (Reuters) – Swiss voters backed legislation to promote renewable energy in a referendum on Sunday, while rejecting separate proposals intended to contain rising healthcare insurance costs.
Seeking to enhance energy independence, the federal law passed in autumn 2023 comprises measures to boost the transport, storage and production of electricity, including facilitating the installation of solar panels on buildings.
It also includes provisions to fund these measures.
The Swiss energy law, which was put to a referendum by opponents who argued it would be too costly and was not fit for purpose, was backed by more than two-thirds of voters, preliminary results and projections published by public broadcaster SRF showed.
It is now expected to take effect next year.
Switzerland has been at loggerheads over climate change with a top European court, which in April ruled it was not doing enough to combat global warming.
Read more: Inflation: Swiss voters back '13th month' pension payment
Two separate initiatives were defeated that either sought to tie health insurance contributions to income levels or put curbs on increases in the levy, the results showed.
Critics of the health plans had argued they risked sparking higher taxes, just as the government grapples with how to fund additional Swiss pension payments that are due to come into effect in 2026 and were backed by Swiss voters in March.
The proposals to contain Swiss health insurance costs had enjoyed majority support earlier in the campaign, polls showed.
