UN Shipping Emissions Deal
The International Maritime Organization will meet to decide on imposing a carbon emissions price on global shipping.
An EU-led bloc, including Britain, China, and Japan, supports the move, while the U.S. strongly opposes it.
- The IMO struck a preliminary deal in April to charge the global shipping industry for emissions.
- The U.S. pulled out of associated talks and threatened "reciprocal measures" against any fees charged on U.S. ships.
The April deal is now tabled for adoption at a meeting of the IMO's environmental committee scheduled for October 14-17.
Author's summary: UN to decide on shipping emissions price.