Reuters: The shipping industry expects to be stung by a carbon levy as momentum building from climate talks in Paris starting this month makes a cut to its greenhouse gas emissions likely.
Any tax - either a levy based on fuel use by diesel-driven ships or a market based mechanism - would add to rising costs for the industry, which transports 90 percent of world trade.
A draft Paris text makes scant mention of reducing CO2 from marine bunker fuels. Yet ship industry sources say some form of taxation...