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Denmark made history in June 2024 as it issued the world's first livestock carbon tax. By 2030, farmers will have to pay nearly $100 per year for each animal. Will these taxes do more harm than good?
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Denmark made history in June 2024 as it issued the world's first livestock carbon tax. By 2030, farmers will have to pay nearly $100 per year for each animal. Will these taxes do more harm than good?
About EarthxNews:
A weekly program dedicated to covering the stories that shape the planet. Featuring the latest updates in energy, environment, tech, climate, and more.
EarthX
Love Our Planet.
The Official Network of Earth Day.
About Us:
At EarthX, we believe our planet is a pretty special place. The people, landscapes, and critters are likely unique to the entire universe, so we consider ourselves lucky to be here. We are committed to protecting the environment by inspiring conservation and sustainability, and our programming along with our range of expert hosts support this mission. We’re glad you’re with us.
EarthX is a media company dedicated to inspiring people to care about the planet. We take an omni channel approach to reach audiences of every age through its robust 24/7 linear channel distributed across cable and FAST outlets, along with dynamic, solution oriented short form content on social and digital platforms. EarthX is home to original series, documentaries and snackable content that offer sustainable solutions to environmental challenges. EarthX is the only network that delivers entertaining and inspiring topics that impact and inspire our lives on climate and sustainability.
EarthX Website: https://earthxmedia.com/
Follow Us:
Instagram: https://www.instagram.com/earthxtv/
LinkedIn: https://www.linkedin.com/company/earthxtv
Facebook: https://www.facebook.com/earthxtv
How to watch:
United States:
- Spectrum
- AT&T U-verse (1267)
- DIRECTV (267)
- Philo
- FuboTV
- Plex
- Fire TV
#EarthDay #Environment #Sustainability #Eco-friendly #Conservation #EarthxTV #EarthX
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NewsTranscript
00:00DENMARK'S GOVERNMENT MAKES HISTORY AS IT ISSUES THE WORLD'S FIRST CARBON TAX ON LIVESTOCK
00:09LAWMAKERS SAY THE LEVIES ARE SET TO TAKE EFFECT IN 2030, AND COME JUST MONTHS AFTER FARMERS
00:15ACROSS EUROPE PROTESTED AGAINST A NUMBER OF THE EU'S ENVIRONMENTAL POLICIES.
00:21ALEX SALVI HAS THAT STORY.
00:24Denmark is finalizing a first-of-its-kind tax, one that takes aim at greenhouse emissions
00:28coming directly from livestock.
00:30Farmers will have to pay nearly $100 per year for each animal, in addition to about $20
00:35per ton of carbon dioxide emitted.
00:37The policy is set to go into effect beginning in the year 2030 as part of a new environmental
00:42approach in Europe, now spearheaded in Denmark.
00:46The decision comes in defiance of fierce opposition from farmers across the continent, who took
00:50to the streets over recent months, arguing regulations from their governments and bureaucrats
00:55in Brussels are threatening their livelihoods.
00:57They've been able to successfully negotiate some of their demands, but it's become clear
01:02that cracking down on the agriculture industry, which produces around a third of all greenhouse
01:07gas emissions, is a priority for European leaders.
01:11As heads of state gathered in Brussels back in June to select new European Union leadership
01:15positions, the Danish Prime Minister made it clear that addressing the environment was
01:20still a top priority.
01:21We have a lot of challenges in front of us, especially on migration, climate change.
01:26We still need a social balanced European Union and we need to have a stronger Europe in the
01:31future.
01:32So with all these challenges and all the decisions in front of us, I think it's important that
01:38we take a decision as fast and as quick as possible.
01:41Officials in Denmark say there will still be tax breaks for farmers who comply with
01:45the new policy, in order to alleviate some of the burden.
01:48With any revenue generated by the tax going to the industry's green transition, Prime
01:52Minister Fredriksson says she hopes this is just the start of a larger movement, one where
01:57the Nordic country paves the way for a similar tax that will take shape in neighboring countries
02:01and eventually around the world.