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“With growing support for a universal greenhouse gas price, country delegates must now develop the right policy details to incentivize shipping decarbonization”

World’s first-ever global emissions tax takes a step closer to reality


Two weeks of talks at the United Nations shipping agency concluded in London on Friday, with a clear majority of countries emerging in favor of introducing the world’s first-ever global emissions levy.

The International Maritime Organization held its latest round of negotiations to discuss how to move forward on the climate regulation of the shipping industry, which accounts for around 3% of global carbon emissions. ---More...

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