EnvironmentEuropeRegulatory
OECD in favour of carbon tax for shipping
The International Transport Forum came out yesterday in favour of a carbon tax for shipping and very swingeing goals for emission cuts in the coming decades.
The ITF, a research arm of the Organization for Economic Cooperation and Development (OECD), said shipping should reduce carbon emissions by half over the next 35 years and entirely by 2080 with the International Maritime Organization taking the lead.
Among the measures ITF suggested was a carbon tax for shipping set at about $25 per tonne of CO2, the receipts of which could feed into the Green Climate Fund.
ITF’s recommendations come just ahead of next month’s COP 21, the United Nations climate change summit in Paris where shipping could be under the spotlight.
It will be interesting to see if the impact of COP 21 on shipping will surpass the impact of COP15.
Hmmmm …. yr comments Mr Timlen often lead to me think they are worth expanding upon for another Splash article …