Shipping Industry Prepares for World-First Mandatory CO2 Charge

Shipping Industry Prepares for World-First Mandatory CO2 Charge

By
Mirella Santoro
1 min read

The shipping industry is on the brink of becoming a test case for a groundbreaking initiative: the introduction of a global, mandatory charge on greenhouse gas emissions. Discussions at a London meeting brought the International Maritime Organization, the global regulatory body for shipping, closer to the implementation of such a levy. The United Nations agency is aiming to put the finishing touches on the measure next year, with the goal of enforcing it by 2027.

You May Also Like

This article is submitted by our user under the News Submission Rules and Guidelines. The cover photo is computer generated art for illustrative purposes only; not indicative of factual content. If you believe this article infringes upon copyright rights, please do not hesitate to report it by sending an email to us. Your vigilance and cooperation are invaluable in helping us maintain a respectful and legally compliant community.

Subscribe to our Newsletter

Get the latest in enterprise business and tech with exclusive peeks at our new offerings