Denmark to Introduce New Carbon Tax on Livestock by 2030

The Danish government is expected to announce a new carbon tax on livestock emissions on Monday, May 4, according to leaked details. The tax, part of the country’s 2030 climate targets, would start at 750 Danish kroner per ton of CO2 equivalent in 2028. By 2030, the rate would rise to 1,500 kroner per ton. The agriculture ministry has confirmed a press conference for Monday to present the plan. The leaked draft suggests the tax will cover emissions from livestock such as cattle, pigs, and other farm animals. This approach is designed to reduce greenhouse gases from agriculture, a major source of Denmark’s emissions. The farmers’ lobby has already criticized the proposed tax, arguing it could hurt the competitiveness of Danish agriculture. The lobby is expected to push for exemptions or a slower phase-in. Analysts note the tax is a step in Denmark’s push to meet its climate goals. The announcement comes as part of a broader climate plan that the government is set to unveil on Monday. Further details, including possible subsidies or support for farmers, are expected during the press conference.