Madre Brava’s Post

🔥 Breaking: Denmark introduces €100/t CO2 eq tax in agriculture AND invests €1.35b into biochar carbon removal 🔥 😮 Huge news coming out of Denmark this week: in a world-first, Denmark just passed a law that will impose a carbon tax on all its livestock emissions. In a smart move, Denmark simultaneously uses the proceeds to create the Green Area Fund to support farmers/industry with the transition. The details: ➡ Agriculture accounts for more than half of Denmark’s land use and around a third of the country’s carbon emissions. ➡ The law will lead to CO2 reductions of 1.8Mt by 2030, with a potential of 2.6Mt ➡ It introduces a tax on livestock emissions of €40 (350 DKK) until 2030, going up to €100 (750 DKK) in 2035, with tax decuctions for farmers to pay only €16 /ton CO2 eq until 2030, going up to €40 /ton in 2035, ➡ It creates the Green Area Fund worth €5.35b (40b DKK) eg for reforestation of agricultural land and buy out farms ➡ It sets aside €1.35b (10b DKK) specifically for biochar carbon removal (BCR); the government is planning to subsidise BCR to the tune of up to €300/t. 🚜 This is nothing short of incredible. In an environment where farmers are protesting against climate action across Europe, Denmark has managed to get backing from key industry and environmental groups to pull this off. 🎯 👏 Congrats to everyone involved. Which countries will follow? Germany? Sweden? Netherlands? Austria? Denmark is a country with not many inhabitants and a large export sector for meat and dairy. In this case, a GHG emission tax on livestock makes sense. But taxing meat and dairy consumption makes sense too, especially in countries with many inhabitants. EU wide consumer taxes on meat and dairy can reduce its consumption with 50%, potentially with higher reductions of GHG emissions compared to the kind of measures Denmark will now start to implement. See our studies on consumer taxes on meat and dairy: https://lnkd.in/eQCJefMD https://lnkd.in/erYm5UWV And what will happen with the Danish GHG emission tax for livestock when the EU will implement and Agriculture ETS scheme by 2030? Will the Danish policypropals be replaced by the EU proposals? https://lnkd.in/e3r2z6cj 🔗 See full press release from the Danish government here: https://lnkd.in/dHD-D_Gs 🔗 See our news message with comments from Danish NGO's and thinktanks who are not happy for 100%. https://lnkd.in/eDiN3w3M

As the Western Nations National debts continue to rapidly expand many in power must be looking for a new way to “capture unrealized future gains”. I believe carbon tax/credits andindividual use social credit score have been settled on as the solution. "Those non-traditional data can be very useful for financial service providers to give me a credit score" — Bo Li, IMF. https://lnkd.in/eGK4Fv8F “As the boom years came to an end and as Enron faced increased competition in the energy-trading business, the company’s profits shrank rapidly. Under pressure from shareholders, company executives began to rely on dubious accounting practices, including a technique known as “mark-to-market accounting,” to hide the troubles. Mark-to-market accounting allowed the company to write unrealized future gains from some trading contracts into current income statements, thus giving the illusion of higher current profits.” Here is part of the end goal desired out come, 0 car ownership, 0 MEAT. Please download and read the guide for yourself https://lnkd.in/eaqcM5eg https://lnkd.in/eUma9zFn

The world’s first carbon tax on agriculture   Denmark’s legacy as a farming country is evident in both the layout of the land, its institutions, and its culture. Now, a historic tripartite agreement between the Danish government and farming and conservation groups is set to “reorganise and restructure Denmark’s land and food production”.   The world’s first carbon tax on agriculture will define Denmark’s long-term basis for the conversion of agricultural land as well as the transition of food and agricultural production in line with the country’s 2030 target.   The tax entails a fee of DKK 300 (EUR 40.21) per tonne of CO2e on livestock emissions from 2030, rising to DKK 750 (EUR 100,58) in 2035. The package includes a line of built-in incentives for farmers to reduce emissions, and the tax will be phased in with a basic deduction of 60% for at least the first two years.   Overall, efforts and initiatives outlined in the agreement are estimated to reduce Danish emissions by 1.8 million tonnes of CO2e in 2030, thus closing the shortfall concerning the target of reducing national emissions by 70%.   The vision is for Denmark to be an international role model for a holistic and multifunctional approach to land management, where consideration for nature, biodiversity and drinking water go hand in hand with efficient and modern food production.   To drive the transformation, Denmark is establishing a new green fund, which will handle initiatives such as afforestation, extraction of low-lying land and strategic land acquisition. The fund’s activities will include efforts for approximately DKK 40 billion (EUR 5.36 billion)   The Danish parliament is expected to vote to approve the tax later this year and the successful implementation of the same, Denmark to charge farmers €100 a cow in first carbon tax on agriculture.

Denmark introduces first-ever Livestock CO2 Emissions Tax 👉 An initiative that taxes harmful emissions while incentivising sustainable practices, and aims to combat greenwashing through strategic taxation. This initiative emerged through a collaborative approach by farmers, industry representatives, labour unions and environmental groups aiming towards sustainable agriculture and a reduction of greenhouse gases. EY EMEIA Sustainability Tax Leader Alenka Turnsek called the new package a “critical step towards Denmark meeting its Paris agreement target and goals under the Global Biodiversity Framework,” but noted that unilateral nature of the carbon tax on livestock “raises questions about its potential disproportionate impact on Danish farmers, suggesting that an EU-wide carbon pricing mechanism might be more suitable.” We wonder if Denmark will break borders and collaborate with other EU member states and countries across the globe, to adopt more holistic initiatives that encourage green practices, while not causing a large burden on farmers. https://lnkd.in/gCJPeQRY #Ecosystems #Collaboration #EcosystemApproach #LivestockTax

Denmark will approve the first carbon tax on agriculture, charging dairy, beef and pig farmers €16 per ton of CO2 (or €100) a year. As with all taxes, this is the starting point and it’ll likely go up soon. Sounds nice and simple, but everyone who studies the topic understands that measuring real emissions is very hard, and different production systems (grain vs grass fed) have very different emissions profiles. It is shocking that this takes priority over other more obvious candidates for a carbon tax (don’t get me started), but it clearly shows the power of narratives. There are few sectors more demonized than livestock these days. Knowing that farmers won’t be able to pass along these costs -we consumers are notoriously famous for refusing to pay a sustainability premium- we will likely replace a great natural source of food (dairy, beef, pork meat) with yet another fancy ultra-processed food. We would be better off incentivizing more sustainable food production systems than taxing a whole sector. #sustainability #agriculture

Hold on a moo-ment!  The proposed tax on livestock emissions in Denmark has me concerned. While I understand the goal of reducing greenhouse gasses, this plan seems udderly detached from reality. The report behind it lacks input from farmers and focuses on economics, not the complexities of methane emissions from cows. These animals play a vital role in our food system, and dairy products are irreplaceable for many, especially children and expecting mothers. Denmark's dairy industry is already a leader in efficiency, and this tax could lead to more imports with potentially higher emissions! Let's advocate for science-based solutions that support our farmers, environment, and food security. Together, we can make our nation the most developed, industrialized, happiest, and respected – with a healthy and sustainable dairy industry at the heart of it! https://lnkd.in/ggHqEMqV #ScienceBasedSolutions #SupportOurFarmers #DenmarkDairy

Is downsizing competitive #agriculture the way to go with #foodsecurity? Denmark's farmers on Wednesday voiced concerns that plans to levy a #carbonemission tax on farming as part of efforts to meet Denmark's ambitious climate goals would force them to reduce production and close farms. Denmark, a major pork and dairy exporter, could become the first country in the world to levy an emissions tax on farming, which would increase costs for farmers and possibly lead to reduced production by as much as 20%. "These models are based on something very disappointing, namely that climate reduction can only come by reducing production," Peder Tuborgh, CEO of dairy producer Arla Foods, told Reuters. "There is an #innovation path," he said. "We would like to continue that journey, rather than having to shut down our production." "It will be relatively dramatic if we chose to go down that (taxation) path," Jais Valeur, CEO of Europe's biggest pork producer Danish Crown, told TV2. What is your take on this?

The new Danish tax on livestock to curb CO2 emissions from meat and dairy production and using the proceeds to fund green projects is being hailed globally as a big step forward in battling Climate Change. The new tax will mean more expensive meat and more expensive dairy products. This will, surprise, surprise, hurt the lower-income families. You know, the same people who will have to stop flying because of green airline taxes and have to curb their consumption because of additional taxes on transport and production. The Danish state bureaucracy will have a field day evaluating, vetting, processing, and permitting all the green projects to be funded by the Danish state with the cow tax proceeds. Of course, they will need more resources this year, next year, and the year after, ad infinutum. Is this really the way to go?

Denmark just became the first country to adopt #carbon #tax on emissions from agriculture. This is a step in the right direction and it's good to see that Denmark is leading the way in pricing farming emissions to ensure that its highest emitting sector contributes to green transition. However, when it comes to reducing #emissions from #agriculture, we see examples from around the world of farm lobbies jumping into action to ensure that one step forward is followed by two steps back. This Danish move comes at the time, when the new New Zealand's new government just scrapped its plans to price agricultural emissions. It is a clear example of powerful special interests derailing climate action at the expense of taxpayers. Despite the fact that livestock farming is responsible for half of the country's emissions, New Zealand’s farm lobby successfully delayed any attempts to price or reduce its emissions for over 20 years. I wonder if we will witness a similar backlash against Denmark's tax. Although this tax comes after 5 months of negotiations with the farmers and companies, in this FT article we already see parts of the farm lobby complaining, saying it would hinder technology investments and unfairly target some farmers. https://lnkd.in/ddKq5jd9

What will be the political implications of Denmark’s ruling coalition agreeing an effective tax rate of DKr120 (€16) per tonne of carbon dioxide equivalent emissions from livestock, including cows and pigs. The tax is based on the fact that the average Danish cow produces six tonnes of CO₂ equivalent per year, according to green think-tank Concito. Does this mean there are no incentives to alter management breeding, and feeding to reduce emissions as the tax is at a fixed rate? I recently caught up with Tim Benton, Chatham House, to discuss the European farmer protests and the political battleground around sustainable agriculture. https://lnkd.in/g8vDzeYt Charles Brooke Kosta Stavreas Doc Brown Hayden Montgomery Jeff Seabright Barrett Olafson Joe Proudman Jennifer Bockhahn Maik Kindermann Juan Tricarico Kees de Koning Marlieke Lingmont Lars Bergmann Aart van 't Land Bas van Berkel Peder Tuborgh Martin Hvelplund Overgaard Martin Bjerring Frank Skov Hansen Daniela Carnovale Matt Freear https://lnkd.in/gw6pC3AV