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Denmark CO2 Tax May Have No Impact on Industry, but Cyclical Nature of Leather Was Ignored

Denmark CO2 Tax May Have No Impact on Industry, but Cyclical Nature of Leather Was Ignored
Taxed cattle A farm house with cattle grazing outside. A tax of around DKK 300 per tonne will be imposed from 2030, increasing to DKK 750 in 2034. A basic deduction of 60% will be applied to the average emissions from different types of livestock. Climate-efficient farmers will have an economic advantage. Wolfgang Sauber / Wikimedia Commons
Publication:
Dated Published:
  • 23 October 2024
Last Modified:
  • 23 October 2024

Does Denmark’s tax on livestock carbon emissions, to run effective from 2030, make scientific sense? Will it help the environmental, human health or farming livelihoods? Will the move impact the leather industry outside of Denmark? texfash probes.

Read the original story on texfash.