The International Maritime Organization (IMO) held a meeting in London on Friday in which the member nations agreed to impose the world’s world world carbon tax, a rate of $ 380 per metric ton in “greenhouse gases” issued by ships to a certain limit and EAS.
The IMO My dear The new tax would generate around $ 10 billion per year in the “Net Zero Fund” of the Organization for Green Energy Transitions. The limit of non -gacified greenhouse gas emissions is scheduled to reduce over the years, starting in 2027 and ending with “net zero” around 2050.
The IMO meeting also established an “emission control area” in the Northeast Atlantic, where ships would replace to observe stricter regulations on carbon emissions. The majority of shipping traffic between the United States and Europe would go through this control zone.
Carbon tax was an “consensus” agreement that did not seem to please anyone. Environmentalists predicted that the tax was too low, so shipping companies would be more likely to pay it than to reduce their emissions dramatically. The most optimistic environmental groups expected the currently modest current tax to be a foot in the by for more draconian policies in the future.
“As he approached a global greenhouse gas and gas prices mechanism, the international maritime organization touched a crucial step to reduce the climate impacts of the shipment,” Natacha Stamatiou of the Environmental Defense Fund said.
“Member States must now comply with the strengthening of the fuel standard approximately the time to adopt zero and almost zero fuel sectors, and to guarantee a fair and equitable energy transition,” said Stamatiou.
The nations in development, particularly the island nations, argued that the agreed tax was too low to compensate for the effects of climate change. A group of approximately 60 countries “in development” wanted carbon tax revenues to enter a general climate fund, not a fund reserved only for the shipping industry.
“Developing countries with the greatest need came here and offered a solution. saying Minister Antony Derjacques of Seychelles.
On the other hand, many of the main shipping nations opposed a carbon tax, instead of pressing for a credit system that would allow them to do some operations to minimize the financial impact. Some form of carbon credit obviously Be part of the final agreement.
Petroleum -producing countries also opposed the global carbon tax agreement, including Saudi Arabia, United Arab Emirates, Russia and Venezuela.
Much of the world trade is achieved through maritime shipping, and it is said that these huge load ships produce about three percent of the world’s industrial carbon emissions. A great emissions tax would increase the price of every virtual. Forcing cargo carriers to use the current generation of “green energy” would end world trade as we know it.
The United States was remarkably absent from the meeting, which the Trump administration dismissed as “blatantly unfair.”
“President Trump has made it clear that the United States will not accept any international environmental agreement that improperly or unjustly loads the United States or the interest of the US people,” the administration in a letter to the MOMI said on Wednesday.
“Consequently, we must be clear that the US.
“If such a blatant measure progress progresses, our government will consider reciprocal measures to compensate for any fee collected to the US ships. UU. And compensate for the US people for any economic damage of any gei adopted issuance.
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