India, 62 countries agree to world's 1st global carbon tax in shipping industry
India and 62 other nations have agreed to a global carbon tax on commercial shipping, a sector responsible for 3% of global emissions and previously excluded from the Paris Agreement. Starting in 2028, ship owners must adopt cleaner fuels or face fines, with the generated funds dedicated to decarbonizing the shipping industry.
India and 62 other nations have agreed to a global carbon tax on commercial shipping, a sector responsible for 3% of global emissions and previously excluded from the Paris Agreement. Starting in 2028, ship owners must adopt cleaner fuels or face fines, with the generated funds dedicated to decarbonizing the shipping industry. What's Your Reaction?
