A $100 carbon tax on every cow in this country...because of their burps

2024-06-27 2024-06-27T11:43:10Z
ندى ماهر عبدربه
ندى ماهر عبدربه
صانعة مُحتوى

Weather of Arabia - Cattle farmers in Denmark face paying an annual tax of 672 kroner ($96) per cow due to the emissions they cause to heat the planet.

According to the media, the new coalition government agreed to impose the first carbon emissions tax on agriculture in the world. This will lead to new duties on livestock from 2030.

Denmark is a major producer of dairy and meat, and agriculture is the country's largest emitter. The coalition agreement, which includes investing 40 billion kroner ($3.7 billion) in measures such as reforestation, aims to help the country achieve its climate goals.

Foreign Minister Lars Løkke Rasmussen said in a statement issued on Tuesday:

“With today’s agreement, we are investing billions of kroner in the biggest transformation Denmark has seen in recent times.” “At the same time, we will be the first country in the world to impose a carbon tax on agriculture,” he added.

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The Danish dairy industry has generally welcomed the agreement and its goals, but some farmers have expressed anger.

The decision comes just months after farmers protested across Europe, blocking roads with tractors and pelting the European Parliament with eggs, over a long list of grievances, including complaints about environmental regulation and excessive bureaucracy.

The global food system contributes significantly to the climate crisis, producing about a third of greenhouse gas emissions. Livestock farming has a significant impact on the climate, accounting for about 12% of global emissions in 2015, according to the Food and Agriculture Organization of the United Nations. Some of this pollution comes from methane, a planet-warming gas that cows and some other animals produce through their burps and dung.

Reducing livestock emissions

The new tax, which is expected to be approved by the Danish parliament later this year, will be 300 kroner ($43) per ton (1.1 ton) of carbon dioxide equivalent generated by livestock from 2030, rising to 750 kroner ( $107) in 2035.

A 60% tax break will apply, meaning farmers will be effectively charged 120 kroner ($77) per ton of livestock emissions per year from 2030, rising to 300 kroner ($43) in 2035.

On average, Danish dairy cows, which represent a large portion of the livestock population, emit 5.6 tons of carbon dioxide equivalent annually, according to Concito, a green research organization in Denmark. With the lower tax rate of 120 kroner applied, you would be charged 672 kroner per cow, or $96. With the tax credit applied, this tax will rise to 1,680 kroner per cow in 2035 ($241).

In the first two years, the tax revenues will be used to support the green transformation of the agricultural industry and then revalued.

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Sources:

sabq

This article was written originally in Arabic and is translated using a 3rd party automated service. ArabiaWeather is not responsible for any grammatical errors whatsoever.
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