Denmark is set to implement a groundbreaking initiative by taxing livestock farmers for the greenhouse gases emitted by cows, sheep, and pigs starting in 2030. This move makes Denmark the first country in the world to target methane emissions from livestock, a significant contributor to global warming.
The Danish government aims to reduce greenhouse gas emissions by 70% from 1990 levels by 2030. To achieve this goal, livestock farmers will face a tax of $43 per ton of carbon dioxide equivalent in 2030, which will gradually increase to $108 by 2035.