Denmark’s major parties agree on the world’s first carbon tax on emissions by livestock

COPENHAGEN: Denmark’s government said Monday that the country’s major parties had agreed on the details of the world’s first carbon tax on emissions by livestock, to be introduced in 2030. “We will be the first country in the world that introduces a CO2 tax on agriculture,” Climate Minister Lars Aagaard said at a press conference. Get exclusive content with Gulf News WhatsApp channel The tax is part of a vast agriculture plan called the Green Tripartite, hammered out by the government with part of the opposition and representatives of livestock farmers, industry and trade unions. From 2030, methane emissions caused by flatulence from cattle and pigs will be taxed at a rate of 300 kroner ($42) per tonne of CO2 equivalent, a sum gradually rising to 750 kroner by 2035. However, a basic deduction of 60 percent means the real tax rates will be 120 kroner per tonne emitted in 2030 and 300 kroner in 2035. Under the Green Tripartite plan, nitrogen emissions would also be reduced by 13,780 ...