Denmark agrees to world's first livestock carbon tax; will cost farmers $100 per cow
Danish cows are set to get a lot more expensive. Denmark is set to become the first country on earth to tax farmers for the greenhouse gases that their sheeps, cows and pigs crank out, all in the name of fighting climate change. Research shows the average cow emits up to 84 gallons of methane every day, so the Danish government agreed to impose a new emissions tax on livestock starting in 20-30. The tax bill will be large for the Danes since the country is a major exporter of dairy and pork. The reported cost of farmers will be around $100 per cow per year. That's raising a stink amongst some in the ag industry. A spokesperson for a Danish farmers group said they recognize that climate change is a problem, but called the agreement pure bureaucracy. Others were lukewarm. Europe's largest dairy group CEO said the agreement was positive. But farmers who genuinely do everything they can to reduce emissions should not face the tax, adding the tax should be based on emissions for which there are means to eliminate them. For Straight Arrow News, I'm Lauren Taylor. If you want more unbiased straight facts, download the Straight Arrow News app or visit san.com.