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The parliament of Denmark recently passed two new bills calling for domestic passenger ferries and fishing vessels to pay for any carbon emitted when sailing in Danish waters. The new laws will come into force beginning January 1, 2025.
A carbon tax of DKK375 (US$54.30) per tonne of CO2 will be paid if a vessel has a GT of over 5,000, which means it is covered by the EU Emissions Trading System (ETS). A tax of DKK750 (US$107) per tonne of CO2 will instead be paid if a vessel has a GT of not more than 5,000, meaning it is not covered by the EU ETS.
Exemptions will apply to ferries operating across borders, vessels using biofuels (if mixed with fossil fuels, the tax will be based on the percentage of biofuel), vessels using methanol of biological origin, and fuel released for use outside of Denmark. The plan is to phase the laws in gradually from 2025 towards 2030, with a part of the taxes being refunded up until 2030.
