UN Body Votes to Postpone Decision on Global Carbon Tax Amid US Opposition

UN Body Votes to Postpone Decision on Global Carbon Tax Amid US Opposition

The United Nations body specializing in regulating global shipping voted on Oct. 17 to delay a vote on the adoption of a proposed framework that will impose a global carbon tax on international shipping—a regulation the United States has strongly opposed. Member states of the U.N.-backed International Maritime Organization (IMO) were set to approve the proposal on Oct. 17 when Saudi Arabia, which has voiced opposition to the plan, tabled a motio…

Trump Admin blows up UN global carbon tax

A United Nations (UN) proposal for a global carbon tax, which threatened to raise consumer costs, was tabled on Friday following pressure from the Trump administration. Members of the International Maritime Organization (IMO), a UN body based in London, met this week to vote on a

Shipping body fails to pass agreement aimed at tackling carbon emission - EnviroNews - latest environment news, climate change, renewable energy

The International Maritime Organisation (IMO) failed to adopt the world’s first-ever global, legally binding carbon price – postponing for a year a vote on the measure at a meeting on Friday, October 17, 2025, in London. The agreement would have dictated that all large ships operating globally, including cruise ships, are required to slash emissions 17% by 2028 – with increasing emission reduction targets thereafter – or pay a fee. Currently, th…

Here’s how shipping, politicians and more are reacting to IMO vote to kick the carbon can down the road

Reactions mixed by industry groups, academics and other stakeholders

ESG News Recap: EU Funding to Help with Carbon Border Tariffs

Impakter Leading U.S. Banking Regulators Withdraw Proposed Climate Risk Rules for Banks Today’s ESG Updates Regulators Drop Climate Risk Management Plans for Banks: U.S. regulators withdraw 2023 climate risk framework guiding major banks on managing climate-related financial risks U.S. and Singapore Urge UN to Postpone Vote: U.S., Singapore, Liberia, and Saudi Arabia urge IMO to halt shipping carbon tax amid global division China Approves More B…