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What will be the impact of Denmark's agriculture carbon tax on emissions by 2031?
2
Resolution / Starting Odds
Emissions reduced by over 25% • 33%
Emissions reduced by 10-25% • 33%
Emissions reduced by less than 10% • 33%
Reports from Danish environmental agencies or reputable news outlets
Story
Denmark to Introduce €100 Per Cow Carbon Tax on Agriculture from 2030
Jun 26, 2024, 02:32 AM
Denmark is set to introduce one of the world’s first carbon taxes on agriculture, targeting emissions from livestock such as cows, sheep, and pigs. The tax, which will be implemented from 2030, aims to help the country achieve its 2030 climate target of reducing total emissions by 70%. Farmers will be charged €100 per cow annually for the greenhouse gas emissions produced. Additionally, farmers will pay 120 Danish krone (€16) per ton of emitted CO2 equivalent, rising to 300 krone (€40) from 2035. The Novo Nordisk Foundation will finance $1.4 billion of the plan. This pioneering move has received backing from key industry and environmental groups, and Denmark hopes it will inspire other countries to follow suit. The tax specifically targets methane emissions, one of the most potent gases contributing to global warming.
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Increase by more than 10% • 25%
Decrease by more than 10% • 25%
Remain stable • 25%
Fluctuate without clear trend • 25%
Support the tax • 25%
Oppose the tax • 25%
Neutral stance • 25%
No official statement • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
120 DKK • 33%
150 DKK • 33%
180 DKK • 34%
Yes • 50%
No • 50%
Increase • 33%
Decrease • 33%
No change • 33%
Tax implemented as planned • 25%
Tax amount reduced • 25%
Tax implementation delayed • 25%
Tax proposal rejected • 25%