World’s first carbon tax on livestock will cost farmers $100 per cow

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London (CNN) — Dairy farmers in Denmark face having to pay an annual tax of 672 krone ($96) per cow for the planet-heating emissions they generate. The country’s coalition government agreed this week to introduce the world’s first carbon emissions tax on agriculture. It will mean new levies on livestock starting in 2030. Denmark is...

Dairy farmers in Denmark face having to pay an annual tax of 672 krone per cow for the planet-heating emissions they generate.Danish dairy farmers are facing the world’s first-ever cow tax, which would amount to approximately $100 per cow to offset carbon emissions produced by the animals.Dairy farmers in Denmark face having to pay an annual tax of 672 krone per cow for the planet-heating emissions they generate.this week to introduce the world’s first carbon emissions tax on agriculture.

The Danish dairy industry broadly welcomed the agreement and its goals, but it has angered some farmers. A 60% tax break will apply, meaning that farmers will effectively be charged 120 krone per tonne of livestock emissions per year from 2030, rising to 300 krone in 2035.

 

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