Denmark's Emissions Tax on Agriculture

SOURCE www.the-express.com
Denmark will introduce the world’s first emissions tax on agriculture from 2030, requiring farmers to pay for greenhouse gases released by their cows, sheep, and pigs. The aim is to lower greenhouse gas emissions by 70 percent by 2030.

Key Points

  • Tax to be implemented in 2030, starting at $43 per ton of CO2 equivalent
  • Tax to increase to $108 by 2035
  • Livestock account for over 30% of human-caused methane emissions
  • Historic compromise according to the Danish Society for Nature Conservation

Pros

  • Helps lower greenhouse gas emissions
  • Encourages other countries to follow suit

Cons

  • Criticism from farmers