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Policy and Regulation
July 6, 2023

Talks intensify on shipping emissions levy

ByClaudia De Meulemeester
Tianjin port in China. Globally, shipping is estimated to be responsible for 3 per cent of global carbon emissions but, according to the OECD, delivers 90 per cent of trade worldwide. (Photo: Qilai Shen/Bloomberg)

Public opposition to an emissions tax on shipping vessels made consensus seem a distant hope at this week’s UN meeting – but in private, talks might be advancing.

Heated debate around the taxation of shipping emissions is continuing at the International Maritime Organization in London this week. Delegates ...

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