Energy, Financials, Policy and Regulation, Transport

IMO talks dodge question on future distribution of shipping emission revenues

Tackling maritime emissions: while more countries currently favour a shipping levy over a flexible pricing approach related to the fuel standard, the majority remain undecided (Photo: David Paul Morris/Bloomberg)

While negotiations continued behind closed doors on how to price maritime carbon emissions, the UN has yet to determine a suitable governance framework to disperse any revenues raised

Last week, discussions at the UN’s International Maritime Organization progressed on the design of a technical and economic measure to curb emissions ...

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