Original Publish Date » April 11 , 2025
Last Updated » 1 week
The world’s largest shipping nations decided on Friday to impose a minimum tax of $100 for every ton of carbon dioxide emitted by ships, making it effectively the first global tax on greenhouse gas emissions.
The fee will be charged if nations have not contributed enough to the International Maritime Organization’s net zero fund and their ships are not meeting their compliance target.
Business Green / AP / NYT
