IN A NUTSHELL 🌍 UN’s shipping agency introduces the first global carbon pricing plan, targeting net-zero emissions by 2050. 🚢 The plan affects ships over 5,000 gross tonnes, with penalties up to $380 per tonne for exceeding emissions benchmarks. 💬 Significant international division as 63 countries support the plan, while 16, including the U.S., express … Continue reading “UN Defies US Threats”: Global Carbon Tax on Shipping Passed in Historic Move That Shakes Oil Giants and Trade Routes