The Liechtenstein carbon tax, implemented in 2008, is set at Sfr120 (US$132.12) and targets CO2 emissions from various sectors, including electricity, industry, transport, and buildings. This tax is part of a bilateral treaty with Switzerland, ensuring competitive conditions by adopting Swiss federal environmental tax legislation. It supports environmental measures and complements the EU ETS by covering emissions not included under that system. A revision of the tax is planned for January 2025, which will broaden the scope and enhance compliance measures.