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MI and SI Proposed Carbon Tax: Contractual Considerations | Hellenic Shipping News Worldwide


MI and SI Proposed Carbon Tax: Contractual Considerations
The Marshall Islands and the Solomon Islands have proposed that the International Maritime Organization (“IMO”) impose a levy on carbon emissions by ships. The proposed levy would be imposed at a rate of US$100 per ton of carbon dioxide emitted, and would come into effect by 2025, with a potential increased rate over time. Although other carbon tax proposals have been made in the past (including a proposal by the IMO itself), the Marshall Islands and Solomon Islands proposal is notable in that it is a “country-led” carbon tax plan explicitly addressing shipping. ....

Marshall Islands , Solomon Islands , International Maritime Organization , United Nations , Sustainability Imperative , Poseidon Principles , மார்ஷல் தீவுகள் , சாலமன் தீவுகள் , சர்வதேச கடல் ஆர்கநைஸேஶந் , ஒன்றுபட்டது நாடுகள் , நிலைத்தன்மை கட்டாய , பஸைடந் ப்ரிந்ஸிபல்ஸ் ,