US against plan for levy on carbon emissions from ships, leak suggests

Document says levy would be 'blatantly unfair' and inconsistent with international law of the seaPlans for a levy on the carbon produced by ships are being opposed by the US government, on the apparent basis they would "impose substantial economic burdens" and "drive inflation".There will be fierce debate in London this week on the future of global shipping over the proposals to charge up to $150 (?117) a tonne for the greenhouse gas emissions from ships. Those in support say the measure will be crucial to generating billions of dollars of climate finance a year to help poor countries cope with the impact of the climate crisis. Continue reading...