Politics
Denmark Expects to Cut 3.7 Million Tons of CO2 With Climate Tax
Photographer: Ida Guldbaek Arentsen/AFP/Getty Images
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Denmark expects to cut 3.7 million tons of CO2 in 2030 by changing the way it taxes companies for emissions.
The Nordic country, which has a plan to reduce emissions by 70% before 2030, will charge companies as much as 1,125 kroner ($165) per ton of CO2, the government said in a statement on Wednesday.