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Denmark to Impose $100 Per Cow ($96-a-cow) Carbon Tax on Livestock Emissions by 2030

Jul 8, 2024, 08:30 AM

Denmark is set to become the first country to impose a carbon dioxide tax on livestock emissions, starting in 2030. The tax, amounting to approximately $100 per cow, or $96-a-cow according to some sources, aims to address concerns about the greenhouse gas emissions generated by livestock, particularly methane. This initiative is part of Denmark's broader effort to curb climate change and was announced by the coalition government last week. The move has sparked debate, with some arguing that it could compromise food security and that emissions reductions should first be sought in other sectors. Denmark is a major exporter of pork and dairy products, making this tax particularly significant for its agricultural sector. The FAIRR Initiative highlighted the need for such measures ahead of COP26, noting that the food and agriculture sector has been overlooked in emissions reduction plans.