"Industry Group Backs Global Carbon Price For Large Ships"

"BERLIN — 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.

The International Chamber of Shipping said 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 groups welcomed the proposal to the the International Maritime Organization, a U.N. body, but cautioned that it doesn’t specify what carbon price would be supported by the group, which represents commercial shipowners and operators covering over 80% of the world merchant fleet."

Frank Jordans reports for the Associated Press September 6, 2021.

Source: AP, 09/07/2021