Denmark Pioneers Carbon Tax on Livestock to Cut Methane Emissions

Starting in 2030, Danish farmers will face new levies for greenhouse gases from cows, pigs, and sheep to meet ambitious climate targets.

The tax will start at $17 per ton of CO2 equivalent in 2030, rising to $43 by 2035.
Denmark aims to reduce greenhouse gas emissions by 70% from 1990 levels by 2030.
Farmers will receive a 60% tax deduction, lowering the initial cost impact.
Proceeds will support the agricultural sector's green transition and reforestation projects.
Similar measures in New Zealand were repealed after protests and a change in government.