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Carbon Market

USA blocks adoption of first global carbon tax

Negotiations at the International Maritime Organization’s (IMO) extraordinary meetings were adjourned without a decision on the shipping industry’s Net-Zero Framework. By Climate Spotlight Threats levied by the Trump Administration, along with the US State Department, on member nations of the International Maritime Organization (IMO) derailed a vote to pass the first-ever global carbon tax during […]

Climate Spotlight Staff

October 18, 2025