Government representatives are meeting this week to finalize the first-ever global carbon tax on ocean shipping emissions in a move that opponents say could disproportionately hit American consumers.
The initiative is being driven by the International Maritime Organization, which regulates global shipping, following a 2023 agreement that sets a goal of net-zero shipping emissions by 2050.
Members of the organization’s Marine Environment Protection Committee are gathering this week in London...
https://www.freightwaves.com/news/ocean-shipping-carbon-tax-could-gouge-us-consumers-say-opponents