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UN Vote on Global Carbon Tax on Shipping Postponed Amid US Opposition
The United Nations has delayed a crucial vote on imposing the world's first global carbon tax on shipping, a move that had been seen as a key step towards reducing greenhouse gas emissions from the sector. The decision to postpone the vote was made after a majority of member nations voted to defer it due to opposition from the US and other countries.
The proposal, which is part of the International Maritime Organization's (IMO) "Net-Zero Framework", aims to raise billions of dollars in revenue from carriers that exceed new emissions limits, with the funds being channeled towards climate adaptation and clean-fuel projects in developing nations. However, the Trump administration has been vehemently opposed to the measure, calling it an "unconstitutional global tax" that would drive up energy and consumer prices.
The US opposition was backed by Saudi Arabia, which introduced a motion to delay discussions for one year, which passed with 57 countries voting in favor and 49 opposing. The move has been seen as a significant blow to the efforts to implement the carbon tax, which had been supported by the European Union and Brazil.
While the postponement of the vote may be seen as a setback, supporters of the measure argue that it is essential to push the shipping industry, which accounts for nearly 3% of global greenhouse gas emissions, to meet net-zero targets by mid-century. They point out that a uniform carbon price is the only way to achieve this goal and that the current proposal represents a crucial step towards reducing emissions from the sector.
However, the US and other opponents argue that the proposal would unfairly burden American businesses and consumers with increased costs. President Donald Trump has vowed that the United States will vote against the measure, stating that it would be "a global green new scam tax on shipping" that would harm American consumers.
The decision to postpone the vote means that the debate over a global carbon tax on shipping will continue for another year, with nations still needing to reach consensus in order for the proposal to take effect. The future of the measure remains uncertain, but its postponement is likely to prolong the debate and keep pressure on governments to act on climate change.
The United Nations has delayed a crucial vote on imposing the world's first global carbon tax on shipping, a move that had been seen as a key step towards reducing greenhouse gas emissions from the sector. The decision to postpone the vote was made after a majority of member nations voted to defer it due to opposition from the US and other countries.
The proposal, which is part of the International Maritime Organization's (IMO) "Net-Zero Framework", aims to raise billions of dollars in revenue from carriers that exceed new emissions limits, with the funds being channeled towards climate adaptation and clean-fuel projects in developing nations. However, the Trump administration has been vehemently opposed to the measure, calling it an "unconstitutional global tax" that would drive up energy and consumer prices.
The US opposition was backed by Saudi Arabia, which introduced a motion to delay discussions for one year, which passed with 57 countries voting in favor and 49 opposing. The move has been seen as a significant blow to the efforts to implement the carbon tax, which had been supported by the European Union and Brazil.
While the postponement of the vote may be seen as a setback, supporters of the measure argue that it is essential to push the shipping industry, which accounts for nearly 3% of global greenhouse gas emissions, to meet net-zero targets by mid-century. They point out that a uniform carbon price is the only way to achieve this goal and that the current proposal represents a crucial step towards reducing emissions from the sector.
However, the US and other opponents argue that the proposal would unfairly burden American businesses and consumers with increased costs. President Donald Trump has vowed that the United States will vote against the measure, stating that it would be "a global green new scam tax on shipping" that would harm American consumers.
The decision to postpone the vote means that the debate over a global carbon tax on shipping will continue for another year, with nations still needing to reach consensus in order for the proposal to take effect. The future of the measure remains uncertain, but its postponement is likely to prolong the debate and keep pressure on governments to act on climate change.
! i'm so down for us to start tackling those greenhouse gas emissions from shipping ASAP 
like we need that extra push to get everyone working together on saving our planet 
. the more i think about it, the more sense it makes - billions of dollars for climate adaptation and clean-fuel projects? yes please 
! but seriously, i'm all about giving those US businesses a hard time... just kidding 
! let's focus on getting that global carbon tax up and running so we can get this whole net-zero thing done 
i just think it's kinda weird that the US is opposing this global carbon tax thingy... like, they're one of the biggest polluters in the world 
but at the same time, i get why they'd be all like "it's an unconstitutional global tax" and stuff 
maybe it's just a bunch of politicians trying to spin this for their own agendas 
. It's like they're saying "we can't afford" to take care of the future when we already know what's at stake here. I get that the US is a major player in the shipping industry, but shouldn't their interests align with saving the world from climate change? 
. Let's keep pushing for a more sustainable future, even if it means we have to wait another year 
anyway it's def a setback but ppl say its still possible to get it done if everyone sticks together. the thing is tho, shipping accounts for like 3% of global emissions so it might not seem like a big deal, but i guess thats what makes it important - we gotta tackle all areas to reduce those emissions 
just so frustrating 
. I mean, we're at a point where we gotta make some tough decisions about our planet's future and everyone's still dragging their feet. The shipping industry being one of them... I get it, they want to protect their bottom line, but come on, 3% of global emissions is still way too much 
. We can't just keep kicking the can down the road and expecting someone else to solve our problems. The US is being super obstinate about this one and it's holding back progress 
. Can't believe those US politicians are trying to hold back progress on climate change again 
. A global carbon tax on shipping is like, the bare minimum we need to do to reduce greenhouse gas emissions from the shipping industry - it's not like it's going to break the bank or anything 
. This is like, the worst thing ever - we're already running out of time and yet they're still stalling around 
.
This just goes to show how hard it is to get countries to work together on something as important as climate change... I mean, we need a global carbon tax to reduce emissions from shipping but some countries are still more concerned with protecting their own interests than the planet 
. What do you think? Should we be giving the US a pass on this one or should they be held accountable for their actions? 
. It's just so... ugh. 
, you'd think they'd be on board with a global carbon tax 
. But nope! They're still trying to avoid paying up 
, and the fact that it could raise billions for clean-fuel projects in developing nations 
️ is a major win.
.