With support from shipping's largest business association, 47 nations have submitted a revised, detailed proposal for an IMO carbon levy on bunker fuel. If approved at the next meeting of the Marine Environment Protection Committee in April, it would be the first UN-administered global carbon tax of any kind, with implications... read full story
"While a large number of governments now support a universal flat rate GHG contribution by ships – or something similar – a minority of governments continue to have concerns,"