Major nations agree on first-ever global tax on greenhouse gases with plan that targets shipping

By JENNIFER McDERMOTT and SIBI ARASU, Associated Press
Many of the world’s largest shipping nations decided on Friday to impose a minimum tax of $100 for every ton of carbon dioxide emitted by ships, if their planet-heating emissions are not already accounted for, making it effectively the first global tax on greenhouse gas emissions.
The fee will be charged if nations have not contributed enough to the International Maritime Organization’s net zero fund and their ships are not meeti