Industry group backs global carbon price for large ships ...Middle East

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BERLIN (AP) — A major maritime industry association on Monday backed plans for a global surcharge on carbon emissions from shipping to help fund the sector's shift toward climate-friendly fuels. The International Chamber of Shipping said it's proposing to the United Nations that all vessels trading globally above a certain size should pay a set amount per metric ton of carbon dioxide they emit. The group, representing commercial shipowners and operators covering over 80% of the world merchant fleet, didn't specify what carbon price it would support. The shipping industry is estimated to account for nearly 3% of the greenhouse gas emissions that are driving global warming and projected to ri

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Last updated : 06 September 2021 clock 02:45 PM

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Industry group backs global carbon price for large ships ...Middle East

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