Tuesday, July 16, 2024
HomeNewsDanish Economy1,100 DKK per CO2 tonne of emissions

1,100 DKK per CO2 tonne of emissions

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This is the recommendation given by De Økonomiske Vismænd to the Danish Parliament as to what should be the CO2 tax on agriculture. The political majority in the Parliament already introduced a 750 DKK per CO2 tonne of emissions for the industry. 

  • To calculate the CO2 emissions for each farmer, the experts recommend the New Zeeland model. In any case, this will create the need for a new job or service – climate accountants. 
  • The experts recommend that the taxes collected return to agriculture as a subsidy for green transition, research and development. 
  • Landbrug og Fødevarer, the organization that represents the interests of the farmers say that this tax will “end Danish agriculture”. According to them the prices for Danish-sourced food will increase by 17% and 20,000 to 30,000 people will lose their jobs. 
  • At the moment, it can be quite difficult to calculate the precise CO2 emissions for each farmer, as for example cows don’t emit the same amount of methane. 
  • Agriculture represents 35% of the CO2 emissions in Denmark. 
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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