Pressure builds for charge on global shipping sector’s CO2 emissions

News Snapshot:

The European Union, Canada, Japan and climate-vulnerable Pacific Island states are among 47 countries rallying support for a charge on the international shipping sector’s greenhouse gas emissions, documents reviewed by Reuters showed. The documents, being discussed at an International Maritime Organization (IMO) meeting now entering a second week, outline four proposals with a combined 47 backers for imposing a fee on each tonne of greenhouse gas the industry produces. Support for the idea has more than doubled from the 20 nations that publicly supported a carbon levy at a French climate finance summit last year. “I’m very confident that there’s...