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Danish energy supplier, Nature Energy, spoke during an Irish Co-operative Organisation Society (ICOS) information webinar about the prospects of bioeconomy.
With New Zealand reversing its decision on a carbon tax for agriculture, Denmark is the first country in the world to have a start date for a carbon tax on farmers.
The projected investments by 2030 will see the construction of 950 new biomethane plants across Europe, alongside the 1,300 facilities already operational, according to the European Biogas Association.