Many of the world’s largest shipping nations have agreed to impose a minimum fee on every ton of greenhouse gases emitted by ...

Many of the world’s largest shipping nations decided on Friday to impose a minimum tax of $100 for every ton of carbon ...

Diplomats at the United Nations have agreed on a new plan to charge shipping companies a carbon tax. The global economy relies on shipping, but the industry is powered almost entirely by fossil fuels.

The agreement, which goes into effect in 2028, makes the shipping industry the first to face international binding emissions ...