U.S. blocks plan to charge ‘carbon tax’ on global shipping emissions

Global NewsFriday, October 17, 2025 at 4:29:14 PM
U.S. blocks plan to charge ‘carbon tax’ on global shipping emissions
The U.S. has blocked a proposed carbon tax aimed at reducing emissions from global shipping, a move that could hinder efforts to transition the industry away from fossil fuels. This decision, influenced by President Donald Trump's threats of retaliation, raises concerns among maritime nations that were considering regulations to combat climate change. The implications of this blockage are significant, as it may delay progress towards more sustainable shipping practices and exacerbate environmental issues.
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