How Trump Pressured Nations to Delay a Carbon Tax on Shipping
The article discusses how former US President Donald Trump pressured nations to delay the implementation of a global carbon tax on the shipping industry. Environmentalists had been optimistic that countries would adopt this tax in 2022 to curb greenhouse gas emissions from shipping. However, the Trump administration intervened, reportedly exerting pressure on nations to delay the tax. This delayed action is seen as a setback in the effort to address the significant climate impact of the shipping sector. The article highlights the tension between environmental concerns and economic interests, as the shipping industry has resisted measures that could increase costs. The article suggests that the delay in implementing the carbon tax reflects the ongoing challenges in striking a balance between environmental protection and commercial considerations in the global economy.
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