Denmark introduces the world’s first carbon tax on livestock, costing farmers $100 per cow starting in 2030.

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Denmark is set to implement the world’s first carbon tax on livestock, which will cost dairy farmers approximately 672 krone ($96) per cow each year due to the emissions generated by their animals. This groundbreaking decision comes from the country’s coalition government, which agreed to introduce new levies on livestock starting in 2030 as part of efforts to combat climate change. The tax aims to address the environmental impact of agriculture and incentivize more sustainable farming practices.

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Sources:

www.9news.com.au/world/worlds-first-carbon-tax-on-livestock-will-cost-farmers-100-dollars-per-cow/48a94ca0-c946-4d8a-afe3-430fc2f089a6

www.wral.com/story/world-s-first-carbon-tax-on-livestock-will-cost-farmers-100-per-cow/21498873/

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