Although Danish fishing industry accounts for less than 1 percent of Denmark’s total CO2 emissions, the fishery is set to become one of the big losers with the introduction of a CO2 tax.

This was stated in an expert report presented on Tuesday, 08 February. Danish fisheries organisations claim that the CO2 tax must be introduced in a sensible way and at the right pace for the sake of the fishing industry, the green transition and cohesion.

On Tuesday, the government’s expert group has presented its proposal for a uniform CO2 tax that, in itself will hit Danish fisheries hard. The experts themselves point out that fishing is likely to be hit hard as one of the industries that “significantly limits production or shuts down when the CO2 tax is introduced”.