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

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 ...

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

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, if their planet-heating emissions are not already ...

As nations of the world debate a historic global carbon tax on shipping, the US has waded in with threats of retaliation. A new levy on shipping emissions is on the cusp of being approved at talks ...

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 ...

India and 62 other nations have agreed to a global carbon tax on commercial shipping, a sector responsible for 3% of global emissions and excluded from the Paris Agreement. Starting in 2028 ...

Courtesy of Ministry of Oceans and Fisheries The shipping industry accounts for approximately 3% of global carbon emissions. The IMO has decided to impose a carbon tax on ships worldwide to reduce ...

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 Trump administration said the measures “would impose substantial economic burdens” and “drive inflation globally.” ...