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FT News Briefing

Denmark’s cow tax is more than just hot air

Jul 3, 2024
10:54
Snipd AI
FT journalist Attracta Mooney discusses Denmark's innovative carbon tax on livestock, aimed at reducing greenhouse gas emissions. The tax, set to reach €100 per cow by 2030, sparks debates on food security and profitability. The podcast also touches on EU duties on substandard Chinese goods, Panama closing the Darién gap, and concerns over Joe Biden's fitness for office.
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Podcast summary created with Snipd AI

Quick takeaways

  • The EU plans import duties on Chinese goods to tackle substandard products entering the EU.
  • Denmark introduces the world's first cow tax to reduce agricultural greenhouse gas emissions.

Deep dives

EU Plans Import Duties on Chinese Online Retail Goods

The European Commission aims to impose import duties on cheap products from Chinese online retailers to address concerns about substandard goods entering the EU. Removing the duty-free threshold on items under 150 euros could impact the flow of goods significantly, as over two billion such products were imported into the EU last year.

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