Many of the world’s largest shipping nations have decided to impose a minimum tax of $100 for every ton of carbon dioxide emitted by ships, if their emissions are not already accounted for. It’s effectively the first global tax on greenhouse gas emissions.

Major nations agree on first-ever global tax on greenhouse gases with plan that targets shipping

Many of the world’s largest shipping nations have decided to impose a minimum tax of $100 for every ton of carbon dioxide emitted by ships, if their emissions are not already accounted for. It’s effectively the first global tax on greenhouse gas emissions.