ICS Welcomes Progress on Carbon Pricing at IMO Working Group

The International Chamber of Shipping has welcomed calls from the International Maritime Organization for impact assessments to be submitted showing the likely effects of a carbon price on the industry.

Following Friday’s conclusion of the Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 10), ICS hailed the meeting as “an important first step by governments to understand how carbon pricing might apply to shipping”.