top of page
Search
Writer's pictureCaribbean Radio Stations

Denmark farmers will soon pay taxes based on how much their livestock farts


Pasture-ing gas comes at a price.


Denmark farmers will soon have to pay an extra tax for their livestock’s farts — making it the first country to implement such a measure to target global warming-inducing methane emissions.


The gassy tax will apply to cows, sheep and pigs starting in 2030.


“We will take a big step closer in becoming climate neutral in 2045,” said Taxation Minister Jeppe Bruus, adding Denmark “will be the first country in the world to introduce a real CO2 tax on agriculture.”


That price will jump to 750 kroner, or $108, in 2035, but because of an income tax deduction of 60%, the actual cost per ton will start at 120 kroner and increase to 300 kroner by 2035.


The goal of the tax is to reduce greenhouse gas emissions in Denmark, which is a large dairy and pork exporter. Read More

0 views0 comments

Comments


bottom of page