Pressure builds for charge on global shipping sector’s CO2 emissions

The European Union, Canada, Japan and climate-vulnerable Pacific Island states are among 47 countries rallying support for a charge on the international shipping sector’s greenhouse gas emissions, documents reviewed by Reuters showed.

IMO analyzing 20 scenarios of how a levy will impact shipping

Secretary general Arsenio Dominguez says IMO is on track scrutinizing how a levy on carbon emissions will impact shipping, trade and economies of entire nations

A greenhouse gas shipping levy is on the horizon

A charge on emissions for cargo vessels would become the first global carbon price, but disagreements on system design and starting prices remain

Shipping gears up to debate carbon levies

Ahead of the next session of the Marine Environment Protection Committee (MEPC), scheduled to start at the end of September, proposals are pouring into the International Maritime Organization (IMO).