Last week, the agency took a big step in the right direction with the introduction of the world’s first sector-wide carbon ...

Shipping companies worldwide are set to face the first international carbon tax on the industry, as many of the largest shipping nations agreed to new rules despite threats of retaliation from the ...

Many of the world’s largest shipping nations decided on Friday to impose a minimum tax of $100 for every ton of carbon dioxide emitted by ships.

A new carbon pricing system adopted by the International Maritime Organization could reduce global shipping emissions ...

Member states of a United Nations agency focused on maritime shipping and pollution agreed Friday to a global deal to tax carbon emissions from ships — a measure that the Trump administration ...

Nations are trying to reach an agreement to charge commercial vessels a fee for their emissions in what would effectively be the world’s first global carbon tax.

Government representatives are meeting this week to finalize the first-ever global carbon tax on ocean shipping emissions in ...

AP Many of the world's largest shipping nations will decide Friday whether to impose a tax on carbon emissions from ships. If the 174 International Maritime Organization members present — all but the ...

India and 62 countries have approved the first-ever global carbon tax on the shipping industry, aimed at reducing emissions and promoting cleaner technologies. The tax is projected to generate up to ...

Starting in 2028, shipping companies worldwide must either transition to less carbon-intensive fuels, or pay fines via a ...

the agency took a big step in the right direction with the introduction of the world’s first sector-wide carbon tax. More than 60 member states approved a complex system that requires shipping ...

Many of the world’s largest shipping nations have agreed to impose a minimum fee on every ton of greenhouse gases emitted by ...