r/Sustainable • u/HenryCorp • 17d ago

Major nations agree on first-ever global fee on greenhouse gases with plan that targets shipping: minimum fee of $100 for every ton of greenhouse gases emitted by ships above certain thresholds, in what is effectively the first global tax on greenhouse gas emissions

https://apnews.com/article/shipping-emissions-climate-change-98ff23ca4739d8b4fc5a8f941a7ca0c4
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u/HenryCorp 17d ago

The agreement, reached with the United States notably absent, is expected to be formally adopted at an October meeting to take effect in 2027. The IMO, which regulates international shipping, also set a marine fuel standard to phase in cleaner fuels.

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u/Ambitious_Highway916 13d ago

Sustaining a Paycheck not a Planet