2 weeks ago
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The US and Saudi Arabia have managed to derail negotiations regarding a landmark deal to cut global shipping emissions, according to a report by the BBC. The deal had already been approved and would have made shipping the world's first industry to adopt internationally mandated emissions guidelines.
Representatives from more than 100 countries had gathered in London to formally approve the so-called global carbon tax, after nearly ten years of negotiations. However, the US government had been pressuring countries to vote "no" on the measure, threatening tariffs if met with noncompliance.
Source: https://www.engadget.com/big-tech/the-us-and-saudi-arabia-just-derailed-a-global-plan-to-cut-shipping-emissions-184204170.html?src=rss
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