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UN Approves Historic Carbon Tax for Shipping by 2028

4/11/2025

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Summary

Story summary

In a historic move, the UN's International Maritime Organization has greenlit the world's first carbon tax for shipping, set to launch in 2028. This groundbreaking measure mandates the use of lower-carbon fuels, aiming to tackle the 3% of global emissions attributed to shipping. However, critics argue it's not bold enough, and notably, the U.S. was absent from the negotiations.

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Story summary

In a historic move, the UN's International Maritime Organization has greenlit the world's first carbon tax for shipping, set to launch in 2028. This groundbreaking measure mandates the use of lower-carbon fuels, aiming to tackle the 3% of global emissions attributed to shipping. However, critics argue it's not bold enough, and notably, the U.S. was absent from the negotiations.