US blocks a global fee on shipping emissions as international meeting ends without new regulations
By SIBI ARASU and JENNIFER McDERMOTT, Associated Press
The U.S. has succeeded in blocking a global fee on shipping emissions as an international maritime meeting adjourned Friday without adopting regulations.
The world’s largest maritime nations had been deliberating on regulations to move the shipping industry away from fossil fuels. But U.S. President Donald Trump, Saudi Arabia and other countries vowed to fight any global tax on shipping emissions.
On Thursday, Trump urged countries to vote “No” on the regulations. The International Maritime Organization adjourned its meeting Friday.
The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.
More Stories
Dragons’ Den firm Y1 Group buys Redbird Apparel in seven-figure deal
British sports and custom apparel company Y1 Group has acquired university clothing specialist Redbird Apparel in a seven-figure deal, creating...
Perini Navi, builder of Mike Lynch’s Bayesian, put up for sale
Perini Navi, the Italian superyacht builder behind Mike Lynch’s Bayesian, has been put up for sale by its parent company...
From Startup to Scale-Up: The Biggest Challenges Growing Companies Face
A startup proves that an idea can work. A scale-up must prove that the whole company can keep working when...
From Startup to Scale-Up: The Biggest Challenges Growing Companies Face
A startup proves that an idea can work. A scale-up must prove that the whole company can keep working when...
UK Space Agency backs 16 satellite projects with £13m funding
Satellite broadband for trains on one of Scotland’s most remote railway lines and low-cost crop sensors for farmers are among...
10 Strategies Successful UK Entrepreneurs Use to Grow Their Businesses
Business growth rarely comes from one dramatic idea. More often, it comes from a series of sensible choices made consistently:...
