Europe Heading Towards Emissions Tax on Dairy Imports, Expert Says
Source: dairynews.today
Europe is moving towards implementing an emissions tax on dairy imports, according to a climate and sustainability expert. Denmark is leading this effort in the EU.
Europe is moving towards an emissions tax on dairy imports, a move that could significantly impact international trade.
Daniel Street, a partner at DLA Piper, suggests that Denmark is at the forefront, advocating for a EU-wide emissions pricing strategy on agricultural gases such as methane. This strategy aims to address the environmental impact of farming and align with the EU's broader carbon border adjustment tariffs, which currently apply to industries like steel and aluminium. While the US administration is skeptical about such tariffs, the pathway is not immediate, and political support within the EU is essential.
Other countries, including Australia and New Zealand, are also considering similar measures. Such adjustments could affect the price of dairy and other agricultural products, depending on their emissions intensity compared to European standards, and whether producers have paid for carbon emissions. This policy direction underscores the growing international focus on reducing agricultural emissions.
Daniel Street, a partner at DLA Piper, suggests that Denmark is at the forefront, advocating for a EU-wide emissions pricing strategy on agricultural gases such as methane. This strategy aims to address the environmental impact of farming and align with the EU's broader carbon border adjustment tariffs, which currently apply to industries like steel and aluminium. While the US administration is skeptical about such tariffs, the pathway is not immediate, and political support within the EU is essential.
Other countries, including Australia and New Zealand, are also considering similar measures. Such adjustments could affect the price of dairy and other agricultural products, depending on their emissions intensity compared to European standards, and whether producers have paid for carbon emissions. This policy direction underscores the growing international focus on reducing agricultural emissions.
