Global Carbon Tax on Shipping Edges Closer to Becoming Reality
narvikk/iStock/Getty Images Plus A global levy on carbon emissions inched closer to reality recently when the UN's International Maritime Organization (IMO) concluded two weeks of negotiations in which a majority of nations involved agreed on a global carbon levy as part of the shipping industry's "net-zero framework” for cutting greenhouse-gas emissions from international shipping. According to climate zealots, the shipping ...
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