Nations are in discussions to create the first global carbon tax for commercial vessels as part of an initiative by the International Maritime Organization (IMO) to reduce greenhouse gas emissions from shipping. The committee met in London to formulate mandatory regulations aimed at setting emissions pricing and marine fuel standards for cleaner alternatives. Experts argue that imposing a straightforward emissions levy is crucial for equitable decarbonization. This initiative is seen as a pivotal move in addressing climate change collaboratively on a global scale, potentially marking a historic moment in maritime environmental policy.
"If an agreement is reached, it would represent a huge moment of solidarity in the fight to tackle climate change... hopefully, an effective global framework tackling this international issue."
"The committee will set the course for a net-zero future for the maritime sector," said IMO Secretary-General Arsenio Dominguez.
The measures are more than climate aspirations - they will become mandatory for ships operating globally... the industry must do more to cut carbon pollution.
A high price, simple flat-rate levy on shipping's greenhouse gas emissions is the only way to decarbonize the industry equitably."
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