World's first-ever global emissions tax is on the table at crunch shipping talks

By CNBC   |   1 month ago
World's first-ever global emissions tax is on the table at crunch shipping talks

The United Nations shipping agency is close to implementing binding regulations to reduce fossil fuel use in global shipping, including a potential global emissions levy. The International Maritime Organization is discussing measures to cut the climate impact of international shipping, with options like a global marine fuel standard and a carbon levy.

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