Which country has announced plans to implement the world’s first carbon tax on livestock emissions, starting in 2030?
Denmark
2024 June
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Denmark will introduce the world’s first emissions tax on livestock in 2030, targeting greenhouse gases from cows, pigs, and sheep. Farmers will initially pay $43 per metric ton of CO2 equivalent, increasing to $108 by 2035. However, a 60% tax deduction will reduce the effective rates to $17 per metric ton in 2030 and $43 in 2035.
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