Tuesday, November 5, 2024

Proposal for a new CO2 tax

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Danish companies will have to pay more for the pollution they create. 

  • From 180 DKK to 750 DKK per tonne from 2030 (increase of the CO2 tax) 
  • The large polluters who pay the European CO2 tax are currently exempted from the Danish CO2 tax. In the future, they will pay on top of the EU CO2 tax, 375 DKK.
  • There is a special group of companies that will pay only 100 DKK more in CO2 tax (on top of the European CO2 tax) (Aalborg Portland, Rockwool, etc.). Why? To avoid losing jobs as the companies might decide to move to another country. 
  • A green fund of 7 billion DKK to help companies in their green transition. 3 billion DKK will go towards the “carbon capture” technology. 
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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