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The IMO is considering a carbon tax as a tool to cut the shipping industry’s substantial emissions. (Photo: Maersk)
The International Maritime Organization (IMO)’s Marine Environment Protection Committee (MEPC) kicked off a five-day meeting on April 7, focusing on technical regulations, energy efficiency, and pollution in the shipping industry.
A key topic under discussion is whether to implement a carbon tax to reduce greenhouse gas (GHG) emissions from ships. Member states remain divided on the issue. The European Union is leaning toward accepting carbon offset mechanisms through emissions trading—a move that could undermine the push for a carbon tax and weaken climate finance efforts.
