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flag Nations negotiate a global carbon tax on shipping emissions, aiming for net-zero by 2050.

flag Nations are negotiating a global carbon tax on commercial shipping emissions, aiming for net-zero emissions by 2050. flag The International Maritime Organization (IMO) is working on new regulations to price maritime greenhouse gas emissions and set fuel standards for cleaner alternatives like hydrogen, methanol, and ammonia. flag Over 60 countries and the shipping industry support a flat-rate levy, while others favor a credit trading model. flag If adopted, the tax could take effect in 2027, marking a significant step in global climate efforts.

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