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- Denmark became the first country to impose a tax on livestock farmers.
- Denmark has levied a tax on livestock farmers for the greenhouse gases emitted by their cows, sheep and pigs.
- The tax has been imposed to reduce greenhouse gas emissions by 70% from 1990 levels by 2030.
- As per a report by the UN, livestock are responsible for about 32% of human-caused methane emissions.
- A normal cow can generate up to 200kg of methane annually while a Danish cow produce 6.6 tons of carbon dioxide per year.
- Danish livestock farmers will be taxed 300 kroner ($43) per ton of CO2, which will be increased to 750 kroner ($108) by 2035.
- The tax is part of Denmark’s strategy to meet climate goals. The collected tax amount will be invested in environmental restoration projects.
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