Denmark will introduce the world’s first emissions tax on agriculture, targeting greenhouse gases emitted by cows, sheep, and pigs. The aim is to lower greenhouse gas emissions by 70% by 2030, making Denmark the first country to implement such a tax in an effort to combat climate change.Under the new rules, livestock farmers will be taxed $43 per ton of carbon dioxide their animals produce in 2030, increasing to $108 per ton by 2035. This move is part of Denmark’s broader strategy to become climate neutral by
DAILY EXPRESS
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 Danish government said the aim is to lower greenhouse gas emissions by 70 percent by 2030.
“We will take a big step closer in becoming climate neutral in 2045,” Taxation Minister Jeppe Bruus said.
Bruus said he hoped other countries would follow suit and implement a similar tax.
Livestock farmers will be taxed $43 per ton of carbon dioxide equivalent in 2030. The tax will increase to $108 by 2035.
The agreement was reached on Monday between the center-right government and representatives of farmers, industry and unions.
New Zealand passed a similar law which was set to be implemented in 2025, but it was quashed on Wednesday, after criticism from farmers.