Nearly 50 countries, including the EU, Canada, and Pacific island nations most affected by climate change, are proposing a fee on carbon emissions in the shipping industry, while others are opposed to such charges, according to documents from ongoing talks reviewed by Reuters.
The IEA said last year that while the emissions reduction targets “are now in line with the goals set out in the Paris Agreement, legally binding measures for the implementation of the revised strategy will be needed to steer the maritime shipping sector onto a trajectory consistent with the Net Zero Emissions by 2050 NZE Scenario, which requires an almost 15% reduction in emissions from 2022 to 2030.
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