Denmark's Livestock Emission Tax
Denmark will tax livestock farmers for the greenhouse gases emitted by their cows, sheep, and pigs starting in 2030. The aim is to reduce Danish greenhouse gas emissions by 70% from 1990 levels by 2030. The tax will increase over time to encourage emission reduction.
Key Points
- Denmark to tax livestock farmers for greenhouse gas emissions from 2030
- Tax aims to reduce Danish greenhouse gas emissions by 70% by 2030
- Tax will increase over time to 750 kroner ($108) per ton by 2035
- Aims to become climate neutral by 2045
Pros
- Targets a major source of methane emissions
- Aims to reduce greenhouse gas emissions significantly
- Encourages emission reduction through taxation
Cons
- Farmers may face financial burden
- Could lead to increased food prices
- Potential for opposition from the agricultural industry