In a draft agreement for the fishing industry, the government proposes to spend over 600 million kroner to exempt fishermen from the CO2 tax. Of this amount, 249 million kroner will be drawn from a fund intended to ensure green transition.

Government plans to use green funds to pay for fishermen's CO2 tax

Illustration:  Jens Mørch/Tomas Østergren
Illustration: Jens Mørch/Tomas Østergren
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A billion-kroner fund intended to ensure Denmark’s green transition is now set to exempt Danish fishermen from paying a CO2 tax. This is outlined in the government’s draft agreement on the future of fisheries, which Politiken has obtained.

However, the draft has met sharp criticism from five opposition parties. They all hammer home the fact that exempting the fisheries from the CO2 tax until 2029 will cost the state treasury 615 million kroner and notably, 249 million kroner of this amount will come from the Green Fund, which was established in 2022 to finance green transition.

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