Industry group backs global carbon price for large ships

📆 7/9/2021 1:09 am
📰 CTVNews

⏱ Reading Time:
9 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 99%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

A major maritime industry association on Monday backed plans for a global surcharge on carbon emissions from shipping to help fund the sector's shift toward climate-friendly fuels.

it's proposing to the United Nations that all vessels trading globally above a certain size should pay a set amount per metric ton of carbon dioxide they emit.

Environmental campaigners welcomed the ICS submission to the International Maritime Organization, but cautioned that the extent of its ambition remains unclear.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Awesome, shipping prices have gone from $2,000 to $23,000 per container, helping to create supply chain shortages and higher inflation. Let's add an extra cost to pass on while we are at it!

Hahaha, like china will pay that

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Make or break moment for thoroughbred industry in B.C.B.C. thoroughbred breeders raise champions, and hope to continue after nearly two years of COVID\u002D19 disruptions.
Source: VancouverSun - 🏆 49. / 61 Read more »