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

Published 2024년 11월 18일

Tridge summary

Denmark is planning to introduce the world's first carbon tax on livestock emissions in 2030, making it the first country to do so. The tax, which will be part of the Green Tripartite plan, will initially be 300 kroner per tonne of CO2 equivalent, rising to 750 kroner by 2035, with a basic deduction of 60 percent. The plan also aims to reduce nitrogen emissions and convert 10% of cultivated land to natural habitat, planting 250,000 hectares of forest. The legislation needs parliamentary approval. Critics include right-wing populist parties and environmentalist groups, with the Danish People’s Party arguing that the plan is harmful to Denmark’s economy and Greenpeace stating it is not ambitious enough.

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Original content

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 ...

Source: Gulfnews