Vegan Trademark’s Post

⚠ WHEN VOLUNTARY BECOMES POLICY ⚠ Denmark is about to start carbon taxing for farmers in 2030 at a €16.00 per ton of carbon emitted, and €40.00 p/ton CO2 from 2035 onwards in order to push CO2 emissions down, a decision that without a doubt will be echoed by many countries (UK, New Zealand and Australia for an instance). What on Earth will this mean?!?! Well, many things come to mind, like a serious increase in food production UNLESS the whole value chain from upstream (suppliers) to downstream (consumers) works together to avoid this. How can this be achieved? By implementing NOW initiatives that will allow the reduction and removals of CO2 in the atmosphere. Companies that start preparing through the implementation of these projects will most likely avoid the pain of having to heavily invest in the future to avoid the financial impact that carbon taxation will have on its operations. At this stage, it seems that the initiative is only limited to the farmers directly, but let's pause for a second and think, Scope 3 emissions are a responsibility of companies that procure the ingredients and materials for their products, which will most likely mean that said tax will be transferrable to them. Now, let's think about one of the largest dairy producers in the World, according to their CDP Response in 2023 in Scope 3 Category 1 emissions they reported 17,874,451 tons of CO2, which would mean that this year said company would've have to pay a total of €285,991,216.00 in Carbon Tax. The impact is quite clear, if F&B and Agro companies want to avoid the impact of this tax, initiatives like Regenerative Agriculture will be necessary and to measure their outcomes will determine their savings in Carbon Taxation. For us at Seqana it will be crucial to support companies in this task by accurately, compliant and cost-effectively measuring SOC. This amazing article from AgTechNavigator sheds some light on on what I just talked about, totally worth going through it! https://lnkd.in/edxFXniY What do you think about Carbon Taxation and its impact on Scope 3 Emissions? #ClimateChange #CarbonTax #RegenerativeAgriculture #AgTech #Scope3

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

🌱 Denmark Leads the Way with World-First Climate Tax on Agriculture! Denmark is taking a pioneering step towards a sustainable future by introducing the world's first carbon tax on agricultural emissions. This historic agreement, achieved after five months of rigorous negotiations, is a testament to the power of collaboration between government, NGOs and industry leaders. 𝗧𝗵𝗲 𝗶𝗺𝗽𝗮𝗰𝘁? 💰 This initiative is backed by a substantial DKK 40 billion fund aimed at rewilding low-lying lands, planting 250,000 hectares of forest, and reducing nitrogen emissions from fertilizers. 🌱 Denmark makes history with the world's first agricultural carbon tax! 🇩🇰💼 Starting from 2030, farmers will pay 120 Danish krone (€16) per ton of CO2 equivalent emitted, increasing to 300 krone (€40) by 2035. This agreement, forged by government, farmer groups, unions, industry, and NGOs, aims to slash agriculture's projected 46% emissions by 2030. 📅 Set to be ratified by parliament in August, the carbon tax targets a reduction of 1.8 million tons of CO2 in its inaugural year. The move propels Denmark toward its ambitious goal of cutting total emissions by 70% by 2030. 🌍 Other nations like New Zealand have considered similar measures, but have put them on hold. To dive deeper into the topic, read this article: https://bit.ly/3Lh3qva #Sustainability #ClimateAction #Agriculture #Finboot #GreenFuture #Denmark #CarbonTax

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

#Carbontaxing #agriculture? Now recommended by an expert commission in #Denmark and hotly debated   #CO2-equivalent #taxing is generally an effective means to motivate and #finance #emission reduction. Agriculture has e.g. in Denmark not reduced emissions like other sectors. However, it is challenging to account for the precise emissions from each farm. Also, higher producer costs in one country will shift a part of the demand to other countries that may be less climate smart. Likewise, #rural #employment and income and cost to low-income consumers should be considered.  Some climate-smart technologies and other methods can be favoured by a CO2 tax, while others are still immature or too expensive. Taxing mainly the most emitting products in the retail sector could also be considered even more as well as international agreements for joint taxation. Taxes on simple plant-based products could be reduced. Employment in direct agricultural production may decrease, while innovation, development and use of #climatesmart products and methods may give other types of rural employment and export opportunities e.g. for new plant-based products. https://lnkd.in/dqDq2eXA https://lnkd.in/ds4FnXJG https://lnkd.in/dMv8TxYp Klenert, D., Funke, F. & Cai, M. Meat taxes in Europe can be designed to avoid overburdening low-income consumers. Nat Food 4, 894–901 (2023). https://lnkd.in/d4XbqkT4

🌍 Denmark leads the charge with a pioneering move! They've become the first country to implement a carbon tax on agriculture, aiming to make the sector more sustainable and environmentally responsible. However, as our CEO points out, the path to reducing agriculture emissions is fraught with challenges. While Denmark takes bold steps forward, contrasting actions like New Zealand's recent decision to scrap plans for pricing agricultural emissions show the powerful impact of farm lobbies. 🔎 Will Denmark face similar setbacks, or will their inclusive approach pave the way for successful green transitions in agriculture?

🔥 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%.

"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

Surprised at Denmark for adding a flat carbon tax on animal agriculture regardless of HOW the animals are managed - this tax ignores the net carbon drawdown benefits of regenerative agriculture practices. Its not the pig, the sheep, the cow - it’s HOW they are managed. There’s plenty of data that adopting pastured grazing, for instance, draws down significant carbon. Proud that we are able to pay farmers $300/acre to adopt pastured grazing, for instance. Denmark, Accelerating Appalachia would be happy to share our model for incentivizing farmers to adopt regenerative carbon sequestering practices so you can pay regenerative farmers rather than punishing them.

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