Denmark Implements Livestock Tax to Reduce Animal Gas Emissions
Published on Thursday, June 27th 2024 – 19:24 UTC
Denmark recently announced a groundbreaking plan to tackle greenhouse gas emissions from livestock by introducing a tax of US$96 per head per year starting in 2030. Tax Minister Jeppe Bruus stated that this move is expected to reduce emissions by 70% and lead the country towards carbon neutrality by 2045.
Farmers will be taxed $43 per ton of carbon dioxide produced by their animals, with dairy farmers facing the most significant impact. The country will also invest $3.7 billion in reforestation and wetlands to further combat emissions. This decision marks Denmark as the first country to apply such a tax on agriculture globally.
The initiative follows protests from farmers across Europe against environmental regulations, highlighting Denmark’s commitment to leading the way in addressing climate change.
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