IMO deliberates game-changing carbon tax on shipping

The first-ever global carbon tax on shipping is no longer a distant ambition.

Talks at the International Maritime Organisation (IMO) headquarters in London this week propose real momentum toward binding regulations to curb fossil fuel use in the sector, one that accounts for nearly 3 per cent of global carbon dioxide emissions.

Delegates from across the world are now weighing up a range of proposals, from a global fuel standard