Transportation

How Shipping Is on the Cusp of a Global Carbon Charge

Gantry cranes and shipping containers at the Yantian International Container Terminals in Shenzhen, ChinaSource:

Shipping’s global regulator will decide in October whether to ratify sweeping new rules that would force the oil-guzzling industry to start paying for its greenhouse gas emissions.

A draft of the regulations received widespread support in the spring at talks held by the United Nations shipping watchdog, the International Maritime Organization. But final adoption is far from guaranteed amid US opposition.