Denmark to Tax Emissions From Farmers in Pioneering Move

Denmark will introduce a levy on farm emissions in what is set to be one of the world’s first carbon taxes on agriculture, helping the Nordic nation reach its 2030 climate target with backing from key industry and environmental groups.

Farmers will be taxed 300 kroner ($43) per ton of CO2 equivalent emitted from 2030, the government said on Monday. Five years later, the tax will rise to 750 kroner per ton, though farmers will benefit from higher tax deductions.

Denmark is set to become one of the world’s first nations to introduce such measures. New Zealand, whose proposed levy ...