carbon tax

Shippers fear higher freight costs due to carbon tax

Fear prevails in the Global Shippers Forum (GSF), the global business organisation which represents cargo owners exporting and importing to international supply chains.

The reason is the new carbon tax that will be discussed at this week’s meeting of the Marine Environment Protection Committee (MEPC) at the International Maritime Organisation (IMO) and it seems that it will increase freight costs for shippers beyond the already record levels.

After decades of efforts by the IMO to reach an...

https://container-news.com/shippers-fear-higher-freight-costs-due-to-carbon-tax/

France calls for taxes on bunker fuel

The French government has called on the European Union to work on creating a tax on bunker and aviation fuel as part of its strategy for reducing carbon emissions and achieving a sustainable environment.

During a conference on October 15, the French Finance Minister Bruno Le Maire commented that taxes for carbon emissions should be implemented also to aviation and ships, not only to cars.

He added that the taxes would boost France’s and Germany’s goals on carbon neutrality, keeping in mind that...

https://safety4sea.com/france-calls-for-taxes-on-bunker-fuel/

Taxes on polluting fuels low to boost greener alternatives, report finds

Taxing polluting sources of energy is an effective way to reduce emissions that damage the planet and human health, while the income generated can be used to ease the low-carbon transition for vulnerable households. However, 70% of energy-related CO2 emissions from advanced and emerging economies are untaxed, a new OECD report says.

A preview of Taxing Energy Use 2019 indicates that for 44 countries accounting for more than 80% of energy emissions, taxes on polluting sources of energy are not...

https://safety4sea.com/taxes-on-polluting-fuels-low-to-boost-greener-alternatives-report-finds/

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