Denmark will tax livestock farmers for the greenhouse gases emitted by their cows, sheep and pigs from 2030, the first country in the world to do so as it targets a major source of methane emissions, one of the most potent gases contributing to global warming.
Although carbon dioxide typically gets more attention for its role in climate change, methane traps about 87 times more heat on a 20-year timescale, according to the U.S. National Oceanic and Atmospheric Administration. New Zealand had passed a similar law due to take effect in 2025. However, the legislation was removed from the statute book on Wednesday after hefty criticism from farmers and a change of government at the 2023 election from a center-left ruling bloc to a center-right one. New Zealand said it would exclude agriculture from its emissions trading scheme in favor of exploring other ways to reduce methane.
The Danish Society for Nature Conservation, the largest nature conservation and environmental organization in Denmark, described the tax agreement as “a historic compromise.”
Ton Country Kroner Krone Tax Methane Cent U.S. National Oceanic And Atmospheric Administrati U.N. Environment Program New Zealand
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CBCCalgary - 🏆 78. / 51 Read more »
Source: globeandmail - 🏆 5. / 92 Read more »
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »
Source: PGCitizen - 🏆 65. / 51 Read more »
Source: SooToday - 🏆 8. / 85 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »