*** ----> Denmark to introduce world's first livestock carbon tax | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Denmark to introduce world's first livestock carbon tax

AFP | Copenhagen, Denmark

The Daily Tribune - www.newsofbahrain.com

Denmark will introduce the world's first carbon tax on livestock, a unique measure designed to bring the Scandinavian country closer to its goal of carbon neutrality by 2045.

From 2030, methane emissions caused by flatulence from cattle and pigs will be taxed at a rate of 300 kroner ($43) per tonne of CO2 equivalent.

This amount will rise to 750 kroner in 2035 under the terms of an agreement reached at the end of June between the government, part of the opposition and representatives of livestock farmers, industry and trade unions.

The text still has to be approved by parliament which will examine it after the summer.