TINOS, June 12 (Reuters Breakingviews) - The shipping industry emits 2.9% of the world's greenhouse gases.
Reuters Graphics Reuters GraphicsPOLLUTER PAYSThe shipping industry uses fossil fuels to power its boats.
That said, industry leaders such as container giant Maersk (MAERSKb.CO) are moving into green shipping.
This potentially large sum is attracting the attention of people outside the shipping industry, especially those focused on climate change.
If a country refused to apply an agreed tax, the international shipping industry would effectively be unable to operate from its ports.
Persons:
TINOS, Emmanuel Macron’s, Tristan Smith, Marshall, UCL’s Smith, Al Qaeda, Peter Thal Larsen, Thomas Shum
Organizations:
Reuters, International Maritime Organisation, United Nations, European Union, EU, Reuters Graphics Reuters, University College London, Shipping, Climate Fund, World Bank, International Chamber of Shipping, Marshall, Al, Trade Center, Thomson
Locations:
Paris, Danish, Marshall