Here’s what you need to know about nations that envisage the 1st world tax on shipping emissions

The nations are trying to reach an agreement to invoice commercial ships for their programs in what would actually be the first world carbon tax in the world.

The international maritime organization, which regulates international shipments, has set an objective for the sector Reach the net-zero greenhouse gas emissions of around 2050And determined to ensure that fuels with zero or almost zero emissions are used more widely. Its marine environmental protection committee meets from Monday to Friday in London.

The Committee, composed of the OMI member states, endeavors to approve the new global regulations proposed to put a price on maritime greenhouse gas emissions and to establish a marine fuel standard for phase in cleaner fuel.

The measures are more than climatic aspirations – they will become compulsory for ships operating on a global scale, said OMI secretary general, Arsenio Dominguez, who thinks Industry must do more to reduce carbon pollution. The committee “will establish the course of a Net-Zero future for the maritime sector,” he told the Associated Press on Thursday in a statement.

The future of the own expedition is at stake, said Emma Fenton, principal director of climate diplomacy in a non-profit organization of climate change based in the United Kingdom, Opportunity Green. Fenton said that a flat price price and a high flat price on shipping greenhouse gas emissions is the only way to get the industry fairly.

“If an agreement is concluded, this would represent a huge moment of solidarity in the fight to fight against climate change,” said Fenton. “For the first time, we will hope, an effective global framework discussed this international issue. Most programs are approached at the national level. ”

Here’s what you need to know:

What are the discussions?

Shipping emissions have increased in the past decade – at around 3% of the world total according to the United Nations – As ships have become much larger, offering more cargo per travel and using immense amounts of fuel oil.

The sea nations agreed in 2023 to write emissions from the maritime transport industry, although several experts and nations criticized the agreement because it did not set 2050 as a difficult date. The OMI is now adopting regulations to achieve the agreed objectives in 2023.

Why are they important to the world?

A simple climate sampling associated with a green fuel standard would help reduce the price difference between fossil fuels and green fuels, such as hydrogen, methanol and ammoniaAccording to the Global Maritime Forum, a non -profit organization that works in close collaboration with the industry. The expedition is based strongly on fossil fuels and the sector will not pass to themselves, said Jesse Fahnestock, who directs the forum decarbonization work. And it will take time to create an online online supply on the basis of renewable electricity, investments must therefore occur now, he added.

Most ships work today with fuel oil, releasing carbon dioxide and other pollutants because it is burned. Dominguez said major decarbonization requires a recovery of shipping fuel.

The Clean Shipping Coalition asks governments to engage at a high price on all ship emissions and a large fuel standard. The alliance of environmental non -profit organizations also urges countries to revise the OMI tool to measure the carbon intensity of a ship, quantify and increase their efficiency transparent and reduce the amount of fuel burned in the long term.

What is the status of negotiations?

Led by the nations of the Pacific island, whose very existence is threatened by climate changeMore than 60 countries support a flat sample per metric tonne of emissions to reach the net zero in a fair way. The maritime industry also covers costs. The international shipping chamber represents more than 80% of the world merchant fleet. Its secretary general, Guy Platten, said that a pricing mechanism for maritime emissions is a pragmatic solution and the most effective means of encouraging a rapid energy transition in shipping.

Some countries, including China, Brazil, Saudi Arabia and South Africa, want a credit negotiation model instead of a fixed tax, where ships get credits to stay under their emissions and ships buy credits if they pass. Other countries want a compromise between the two models.

Some fear that something less than a universal sample is putting climatic objectives in danger and allowed owners of wealthy ships to buy conformity while continuing to pollute. The Ambassador of Albon Ishoda, special envoy of the Marshall Islands for maritime decarbonization, said that the climatic targets of the OMI are “devoid of meaning” without the levy. The income of a levy could be used to help developing countries to go to greener shipping, so that they are not left with dirty fuels and old ships.

What do we expect at the end of the meeting?

If the committee agrees and finalizes the text of the regulation, they could be officially adopted in October and take effect in 2027. This could send a powerful signal that the green transition occurs and that it is possible for a global industry, according to the IMO.

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