Milon Gupta’s Post

🇩🇰 Denmark's groundbreaking carbon tax on agriculture has sent ripples across the continent. This move raises critical questions for me:   ❓ Is taxing farmers the most effective way to reduce agricultural emissions? ❓ Will this act as a turbo booster for regen ag? ❓ Are there alternative solutions, such as incentivising sustainable practices or subsidising innovation, that could achieve greater impact? ❓ Shouldn't all actors of the food production sector, as well as consumers, chip in to cover the costs linked with the emissions that our daily food choices produce? ❓ Having seen the recent farmer protests in Germany, France, and the Netherlands highlighting growing discontent with environmental regulations, which other European nations would/will realistically follow suit? ❓ What are the potential economic implications of a patchwork of carbon taxes in Europe? Could it lead to trade imbalances, price volatility, or even food shortages in certain regions?   As the European debate over sustainable agriculture intensifies on a backdrop of sharp criticism that the Green Deal is now so watered down it's effectively toothless, the Danish carbon tax marks a step change in the discussion. Keen to see how other European governments (re)position themselves as a result. And you, what do you think will happen?   #agritech #foodtech #sustainability #climatechange #agriculture #innovation #carbontax #EuropeanFarming #GreenDeal #EUCAP https://lnkd.in/epPhmkwn

(DENMARK 25.06.24) #carbontax Denmark sets first carbon tax on agriculture. Denmark has announced Europe's first carbon tax on agriculture, aiming to cut 70% of its total emissions by 2030. Starting in 2030, Danish farmers will pay 120 krone (AUD 25.83) per metric ton of carbon dioxide equivalent, increasing to 300 krone (AUD 64.56) by 2035. The government will also invest €5.3 billion to reforest 250,000 hectares of agricultural land by 2045, set aside 140,000 hectares of lowland by 2030 and buy out certain farms to reduce nitrogen emissions. This historic agreement, reached after five months of negotiations, is expected to reduce agricultural emissions by 1.8 million tonnes in 2030, aiding Denmark in achieving its ambitious climate goals. https://lnkd.in/gjRXRkmF

Newsletter | Denmark Introduces World's First Agricultural Carbon Tax Denmark is making history by becoming the first country in the world to implement a #carbontax on agriculture. After extensive negotiations with government, farming, and conservation groups, this historic agreement is set to revolutionize Denmark's land and #foodproduction sectors. 💌 Subscribe Climind Newsletter: https://lnkd.in/g_9xXkdB 🔍Detail News : https://lnkd.in/epwEpEBX Denmark's move is aimed at helping the country meet its statutory target of reducing #greenhousegasemissions by 70% from 1990 levels by 2030. Despite concerns in the agricultural sector about a potential drop in production, the agricultural carbon tax is expected to reduce Denmark's carbon dioxide emissions by 1.8 million tonnes by 2030. #Denmark #Agriculture #CarbonTax #ClimateChange #Sustainability #GreenEnergy #EnvironmentalProtection #ClimateAction #RenewableEnergy #GreenTech #EcoFriendly #SustainableFarming

In landmark legislation, Denmark has announced Europe's first carbon tax for agricultural producers, creating opportunities for carbon monitoring & accounting technology: https://lnkd.in/dCzJF3ba Coming into effect from 2030, Danish farmers will pay 120 Danish krone per metric tonne of emitted carbon dioxide equivalent, rising to 300 krone after 2035. The government will also provide €5.3 billion to reforest 250,000 hectares of agricultural land by 2045, set aside 140,000 of lowland by 2030, and buy out certain farms to reduce nitrogen emissions.

https://lnkd.in/dpWSQ5xS World’s first carbon tax on agriculture - introduced in Denmark - where farmers will Be charged a carbon tax based on. cO2 emissions. This is expected to reduce rearing of farm animals for slaughter and increase vegetable production. The carbon tax so collected will be used to aid farmers in adapting to this new reality

"Denmark is moving ahead with the world’s first carbon tax on agriculture, charging farmers €100 per cow annually for their emissions." After months of intense negotiations, Denmark's government has agreed on a groundbreaking tax targeting livestock emissions. This is a crucial part of the global fight against climate change, considering agriculture's significant contribution to global emissions. Western European countries are stepping up. Recently, I heard on the radio here in the Netherlands about trucks being restricted from cities unless they meet strict emission standards. But in other parts of the world, progress is slower. Denmark’s initiative incentivizes farmers to reduce emissions and aims to pave the way for similar global efforts. However, it hasn't been without controversy. Some farmers and green organizations have criticized the deal, while others see it as a necessary push toward a sustainable future. Thoughts on Denmark's approach to tackling agricultural emissions? Could this be a model for other nations, or are there better solutions? Would like to know what you think. #climateaction #agriculture #sustainablefarming #revolutionizeREGwithTECH #RegPac

Denmark Leads the Way with First-Ever CO2 Emissions Tax on Agriculture Denmark has set a global precedent by introducing the world's first CO2 tax on agricultural emissions, specifically targeting livestock. This landmark policy, achieved through extensive negotiations with farmers, industry, and environmental groups, aims to significantly cut greenhouse gas emissions starting in 2030. Revenues from the tax will support the green transition in the farming sector, aligning with Denmark’s ambitious climate goals. This historic agreement reflects a broad consensus among diverse stakeholders and highlights the importance of collaborative efforts in tackling climate change. The tax, pending parliamentary approval, will gradually increase by 2035, encouraging sustainable practices in agriculture and reinforcing Denmark’s commitment to reducing emissions by 70% from 1990 levels by 2030. This initiative underscores Denmark’s leadership in climate policy and sets a new direction for sustainable agriculture worldwide. Discover more about this innovative approach and its potential global impact. https://lnkd.in/d4uNc7HS #Sustainability #ClimateChange #Agriculture #CO2Tax #EnvironmentalPolicy #Denmark

A carbon tax on livestock would be political suicide in Australia. But many would have said the same thing about ending live sheep export..... but here we are... so never say never! A few key thoughts: If other countries follow suit, then as an exporting nation Aus should be prepared for more border taxes that level the playing field for local producers. Like the European Carbon Border Adjustment Mechanism (CBAM). So we need to sort emissions on this end (reduce and remove), it will be cheaper than paying border tariffs. There is much debate in the ag industry about the fact that methane behaves differently in the atmosphere and has a different cycle. so it is not fair to have the CO2 equivalent conversion. For this argument to hold water, it would need to be accepted by major international bodies and governments. Doesn't matter what we do domestically, we need to measure up to our export destinations. To date globally the ag industry has avoided emission trading schemes and carbon taxes, this could be the beginning of a change... As a high emitting industry, the pressure is only going to ramp up. Getting on the front foot is the only choice!! Will be watching this one with interest to see how it plays out.

📢 Denmark’s Carbon Tax on Agriculture: A Game-Changer for Climate Action and Investment Opportunities Denmark has introduced the world's first carbon tax on farm emissions, targeting livestock and fertilizers. This historic move aims to reduce agricultural emissions, which account for close to a quarter of the country's total. With tax rates up to US$100 per ton of CO2e, this policy promotes sustainable farming practices and technological innovation. Funds raised will be used to support farmers to decarbonise and for nature restoration. This is big news because until now agriculture has largely been excluded from carbon taxes or emissions trading schemes globally.   Interestingly, this initiative is modelled after New Zealand's proposed agricultural emissions tax. However, New Zealand recently decided to scrap its plan due to significant backlash from farmers and concerns about economic impacts. The New Zealand government has said instead it will focus on other ways to reduce methane without affecting production or exports.   🔍 Denmark’s implementation of a carbon tax on agriculture underscores the global shift towards stringent environmental regulations. Will other nations follow?

Denmark has established a new agriculture deal involving the government, the farmers' group, the nature conservation organization, labor unions, among others. It is not yet politically negotiated, so it is not final. The deal contains some quite interesting elements and potentials; however, the level of ambition in terms of climate action could have been higher. Here are the main elements: - A CO2e tax on livestock, liming, and F-gases, along with subsidies for reduced fertilizer use and biochar storage, is expected to reduce CO2e emissions by 1.8 million tons by 2030, increasing to 3.3 million tons by 2035. - Potential total reductions of up to 1.8-2.6 million tons of CO2e by 2030 from the entire agreement. - A CO2e tax of 5.3 EUR per ton will be introduced on emissions from carbon-rich soils, effective from 2028. This tax is intended to affect only landowners who do not wish to take the land out of production. - Approximately 5.4 billion EUR is allocated to initiatives in Denmark's Green Land Fund for new forests, restoring wetlands, temporary extensification, and protecting the aquatic environment.  "We need to give agriculture a stronger incentive to adopt new technologies and shift production toward a climate-friendly and green direction. The tax starts too late and too low, making it an inadequate response to the significant climate challenge we face, for which agriculture holds substantial responsibility," says Christian Peter Ibsen. https://lnkd.in/dumK6wMm