Many of the world’s largest shipping nations decided on Friday to impose a minimum tax of $100 for every ton of carbon ...

Shipping accounts for almost 3% of global greenhouse gas emissions, according to the IMO. Most of the world's 100,000 cargo ships are still powered by highly polluting diesel. The agreement ...

International Maritime Organization (IMO) Marine Environment Protection Committee, is the first to combine mandatory emissions limits and greenhouse gas pricing across an entire industry sector.

Many of 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, if their planet-heating emissions are not already ...

The IMO, which regulates international shipping, has set a target for the sector to reach net-zero greenhouse gas emissions by about 2050 and has committed to promoting fuels with zero or near ...

Other groups welcomed the IMO's decisions as a step in the right direction. “By approving a global fuel standard and greenhouse gas pricing mechanism, the International Maritime Organization ...

Other groups welcomed the IMO's decisions as a step in the right direction. “By approving a global fuel standard and greenhouse gas pricing mechanism, the International Maritime Organization took a ...