This will do wonders for meat prices and really does stink (pun intended). Denmark's 'flatulence tax' is set to be considered in six years.
The aim is to reduce Danish greenhouse gas emissions by 70% from 1990 levels by 2030, said Taxation Minister Jeppe Bruus.
As of 2030, Danish livestock farmers will be taxed 300 kroner ($43) per ton of carbon dioxide equivalent in 2030. The tax will increase to 750 kroner ($108) by 2035. However, because of an income tax deduction of 60%, the actual cost per ton will start at 120 kroner ($17.3) and increase to 300 kroner by 2035.
Although carbon dioxide typically gets more attention for its role in climate change, methane traps about 87 times more heat on a 20-year timescale, according to the U.S. National Oceanic and Atmospheric Administration.
This scheme comes despite farmers across Europe continuously protesting policies like this geared to fight climate change. The tax will cost up to $100 a cow but the only party who will ultimately pay the levy is the consumer, and it will do nothing to cut back on carbon emissions.
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