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You are here: Home Archive 2009 December 17 Fears heighten that shipping will foot carbon bill

Fears heighten that shipping will foot carbon bill

by Richard Meade - Lloyd's List last modified Dec 17, 2009 11:37 AM

The shipping industry’s worst fears appear to be coming true as high-level support for a multi-billion dollar global tax on shipping and aviation fuel outside of the International Maritime Organization’s control is now growing at the Copenhagen climate change talks.

  
Fears heighten that shipping will foot carbon bill

National leaders from 120 countries will today join the talks in a bid to break the deadlock over emissions cuts and financial aid for poorer countries.

However, lack of progress has prompted increasing high-level interest in shipping’s potential to plug the...

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