Regulation

‘It’s something we’ll look at’: US still on the fence on carbon levy for shipping

Biden administration is open to taxing carbon but has voiced support for a global fuel standard

US Treasury Secretary Janet Yellen speaks during a joint press conference as part of the closing session of the New Global Financial Pact Summit on Friday. She said a carbon tax for shipping is something the US will look at.
US Treasury Secretary Janet Yellen speaks during a joint press conference as part of the closing session of the New Global Financial Pact Summit on Friday. She said a carbon tax for shipping is something the US will look at.Photo: Scanpix
Miami
Published 23 June 2023, 21:03Updated 28 June 2023, 10:03
John KerryDecarbonisationUSgreenhouse gas emissionsInternational Maritime Organization