Politics10/16/2025β€’Bloomberg

US Wants Extra Step to Adopt Ship Carbon Tax as Pressure Mounts

US Wants Extra Step to Adopt Ship Carbon Tax as Pressure Mounts

The US has proposed an additional step in the process of adopting a carbon tax for ships at the ongoing talks held by the International Maritime Organization (IMO), the global shipping regulator. This move comes as the US continues to oppose the planned new rules aimed at reducing greenhouse gas emissions from the shipping industry. The proposed extra step would require countries to vote again after the initial vote in favor of the carbon tax, before it can be implemented. This is seen as an attempt by the US to add more complexity and potentially delay the implementation of the tax. The pressure is mounting on the IMO to take concrete action to address the shipping industry's significant contribution to global emissions. The US's proposal is viewed by some as a tactic to slow down the progress in this area, even as the urgency to curb climate change grows.

Source: For the complete article, please visit the original source link below.

Related Articles

ECB’s Dolenc Sees Less-Pronounced Inflation Undershoot Next Year
πŸ›οΈ Politics4h agoβ€’1 min read

ECB’s Dolenc Sees Less-Pronounced Inflation Undershoot Next Year

Source: Bloomberg
Moulton Launches Senate Bid Against Markey, Saying Democrats Need 'New Leaders'
πŸ›οΈ Politics4h agoβ€’1 min read

Moulton Launches Senate Bid Against Markey, Saying Democrats Need 'New Leaders'

Source: Bloomberg
Colombia Warms to Fossil Fuels as Climate Agenda Fizzles
πŸ›οΈ Politics4h agoβ€’1 min read

Colombia Warms to Fossil Fuels as Climate Agenda Fizzles

Source: Bloomberg
Former MP suspects he has been spied on by China
πŸ›οΈ Politics5h agoβ€’1 min read

Former MP suspects he has been spied on by China

Source: BBC
Hungary’s Orban Signals $1.8 Billion Pre-Election Pension Bonus
πŸ›οΈ Politics6h agoβ€’1 min read

Hungary’s Orban Signals $1.8 Billion Pre-Election Pension Bonus

Source: Bloomberg
Bulgarian Coalition Faces Reshuffle to Avoid Turmoil Before Euro
πŸ›οΈ Politics6h agoβ€’1 min read

Bulgarian Coalition Faces Reshuffle to Avoid Turmoil Before Euro

Source: Bloomberg