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100 euros for a cow: the first European country to impose a carbon tax on agriculture!

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100 euros for a cow: the first European country to impose a carbon tax on agriculture!

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The first European country to decide to take action in response to the climate crisis will also become the first country in the world to impose a carbon tax on agriculture.

Denmark will become the first country in the world to impose a carbon tax starting in 2030. Networkcnn.comThe country’s coalition government agreed to introduce a tax on agricultural carbon emissions at the end of June. This will mean a new tax on livestock.

The global food system bears a large share of responsibility in the climate crisis as it produces around a third of greenhouse gas emissions. Denmark It is a major exporter of milk and pork, and agriculture is the country’s largest source of emissions.

The coalition agreement aims to help the country meet its climate goals. It also includes an investment of 40 billion Danish kroner (5.3 billion euros) in measures such as reforestation and the creation of wetlands.

“With today’s agreement, we will invest billions of dollars to achieve the biggest transformation our country has ever seen. At the same time, we will become the first country in the world to introduce a carbon tax on agriculture,” Foreign Minister Lars Lok Rasmussen said in a statement.

Do you want other countries in the world to impose such carbon taxes?

Just a few months ago, farmers staged protests across Europe, blocking roads with tractors and throwing eggs at the European Parliament to voice a long list of grievances, including complaints about environmental regulation and excessive bureaucracy.

Carbon tax will gradually increase

According to the Food and Agriculture Organization of the United Nations, livestock accounted for approximately 12% of global production in 2015. EmissionsSome of that pollution comes from methane, a powerful planet-warming gas produced in the feces and manure of cows and some other animals.

The tax, which is due to be approved by the Danish parliament later this year, would start at 300 kroner (40 euros) per tonne of CO2 emissions from livestock in 2030, rising to 750 kroner (100 euros) in 2035.

A 60% tax reduction will be applied at the outset, meaning that farmers will effectively pay 120 kroner (16 euros) per tonne of emissions per year from 2030. This amount will increase to 300 kroner (40 euros) per year by 2035.

Denmark’s dairy cows, which make up the majority of the beef population, emit an average of 5.6 tonnes of CO2 equivalent per year. When the lower tax rate of 120 kroner is applied, the cost per cow is 672 kroner, or about 90 euros. After applying the tax relief, this will increase to 1,680 kroner (225 euros) per cow in 2035.

Farmers are not very motivated

In the first two years, the tax revenue will be used to support the agro-ecological transition and then reassessed. Danes The key is to force the industry to find solutions to reduce emissions. For example, farmers could change the feed they use.

But the Danish farmers’ organization Bæredygtigt Landbrug said the measures amounted to a rather horrible experiment. They were convinced it was pure bureaucracy. While they acknowledged Climate crisis Problems do exist, but they don’t believe this agreement will solve them.

For more information on this topic:

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