Denmark's Green Tax Reform

Denmark’s Green Tax Reform aims to promote environmental sustainability by shifting taxes from income and labor to pollution and resource use. Essentially, it lowers taxes on work and investments to encourage economic activity, while increasing fees on activities that harm the environment, like carbon emissions and waste. This incentivizes individuals and businesses to adopt greener practices, reduce pollution, and invest in renewable energy. The reform seeks a balance between economic growth and ecological responsibility, ultimately making Denmark more sustainable and less dependent on fossil fuels, while supporting employment and innovation in green technologies.