Shipping sector may accept price on CO2 emissions
Shipwreck at Navagio, Zakynthos, Greece. Caption and Photo source: ©© Ghost of Kuji
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The world shipping industry could accept a global levy on carbon emissions from merchant ships under a deal that would also channel proceeds to poor countries, according to an announcement at the UN climate talks on Tuesday.
Maritime transport accounts for roughly three percent of world emissions of greenhouse gases. But, like the aviation industry, it does not have any targeted curbs on this pollution, an omission that green campaigners are fighting to change…
