Nations preserve a plan to adopt a global fee on shipping emissions, but keep their options open
Maritime nations preserved a plan to adopt a global carbon fee on shipping, agreeing to continue working on it in the fall. The fee would impose charges for every ton of greenhouse gases emitted by ships above allowable limits.
The world's maritime nations agreed to continue working on a plan to adopt a global carbon fee on shipping in the fall. The meeting, held at the International Maritime Organization headquarters in London, did not finalize the discussions, instead scheduling more meetings ahead of a potential vote in late fall. A number of countries submitted alternative proposals, which could change the plan substantially. The regulations would establish a pricing system for greenhouse gas emissions from ships. The fees collected would go into an IMO fund to invest in fuels and technologies needed to reduce emissions. Shipping emissions have grown to about 3% of the global total over the past decade.
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