'Missed opportunity': Countries vote to delay approval of landmark global shipping CO2 levy

Michael Holder
clock • 6 min read
Credit: iStock
Image:

Credit: iStock

Slim majority of countries vote to push back decision on climate scheme by a year, after intense lobbying from the Trump administration

Governments today controversially opted to delay a crunch decision over whether to adopt a landmark global carbon pricing system for the shipping industry by a year, following intense lobbying from the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Shipping

UK's first commercial bio-methanol bunkering service launches at Port of Immingham

UK's first commercial bio-methanol bunkering service launches at Port of Immingham

Partners Ørsted, Exolum, and Methanex Corporation launch pioneering commercial bio-methanol service for shipping operators

clock 11 February 2026 • 3 min read
'An important precedent': World Sailing to measure and reduce carbon impact of every Olympic-class boat

'An important precedent': World Sailing to measure and reduce carbon impact of every Olympic-class boat

Lifecycle assessment for six Olympic sailing classes to shed light on climate impact of sailing equipment

Stuart Stone
clock 23 January 2026 • 3 min read
Green shipping corridors: How China, India, and Brazil are embarking on green shipping initiatives

Green shipping corridors: How China, India, and Brazil are embarking on green shipping initiatives

Latest report from Global Maritime Forum and Getting to Zero Coalition shows green shipping corridors expanding in both numbers and geographic scope

clock 27 November 2025 • 4 min read