Gassy cows and pigs will face a carbon tax in Denmark
Written by Site Hub on June 28, 2024
Denmark will become the first country to impose a carbon tax on livestock emissions starting in 2030, targeting cows, sheep, and pigs to reduce greenhouse gases, particularly methane, a potent contributor to global warming. The tax aims to cut Danish greenhouse gas emissions by 70% from 1990 levels by 2030. Initially, farmers will pay 300 kroner ($43) per ton of carbon dioxide equivalent, rising to 750 kroner ($108) by 2035. However, with an income tax deduction, the effective cost will start at 120 kroner ($17.3) and increase to 300 kroner ($43.2).
Methane, mostly released through livestock digestion, traps significantly more heat than carbon dioxide. Danish Taxation Minister Jeppe Bruus hopes this move will inspire other countries to follow suit. The plan was agreed upon by the government, farmers, industry, and unions, and is expected to pass in the Danish parliament. The Danish Society for Nature Conservation praised the tax as a historic compromise, emphasizing its role in transitioning the food industry towards climate neutrality by 2045. This initiative follows similar but rescinded legislation in New Zealand, highlighting global challenges in balancing agricultural practices with climate goals.
Source: NPR