US Exits Talks on Shipping Carbon Charge, Threatens Measures

The US abandoned global talks aimed at cutting shipping’s carbon emissions and threatened to reciprocate against any fees that the country’s merchant fleet incurs if such an initiative proceeds.

The UN’s shipping agency, the International Maritime Organization, is meeting in London this week with a goal of agreeing some sort of carbon charge for the maritime sector. The US stance was conveyed in a message to other governments that was seen by Bloomberg and confirmed as genuine by delegates from two other countries.