Oslo wants to raise taxes on its aquaculture industry, which could provide a model for how to better manage the marine environment Norway supplies more than half of the world's farmed salmon - a whopping 1.5m tonnes last year. After fossil fuels, it is the country's largest source of national income, and a hugely lucrative one: in 2022, operating profit margins for Norway's salmon farmers were estimated at 45%. Last September, the Norwegian government set out a proposal to raise taxes on the ind...
A salmon tax: could Norway's plan show the way to share the benefits of the seas?
The Guardian - 4 Apr 2023 08:00
Oslo wants to raise taxes on its aquaculture industry, which could provide a model for how to better manage the marine environment Norway supplies more than half of the world's farmed salmon - a whopping 1.5m tonnes last year. After fossil fuels, it is the country's largest source of national income, and a hugely lucrative one: in 2022, operating profit margins for Norway's salmon farmers were estimated at 45%. Last September, the Norwegian government set out a proposal to raise taxes on the ind...
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