Nations Divided Over Fees on Shipping Industry Emissions

Nearly 50 countries, including the EU, Canada, and Pacific island nations most affected by climate change, are proposing a fee on carbon emissions in the shipping industry, while others are opposed to such charges, according to documents from ongoing talks reviewed by Reuters. The United Nations agency, the International Maritime Organization (IMO), is holding this month's meetings to discuss ways of cutting greenhouse gas (GHG) emissions from ships, including talks on economic GHG pricing mechanisms and technical fuel standards. In 2022,…