President Trump Successfully Sinks Global Climate Change Shipping Tax
After President Trump took a very visible position against the International Maritime Organization’s plan to levy a global shipping tax, the EU favored climate scam fundraiser has been stalled for a year.
In addition to President Trump, Saudi Arabia, Russia and China opposed the tax on shipping. The result from the meeting in London is a year delay before the next vote.
LONDON — A U.S. diplomatic broadside personally led by President Donald Trump derailed a historic effort to tax climate pollution from shipping.
A fractious meeting of the International Maritime Organization in London ended Friday with a decision to adjourn for a year, after Saudi Arabia, backed by Russia, pushed for a pause.
That means the effort to set binding international rules to cut greenhouse gases from shipping — responsible for about 3 percent of global emissions — goes into the deep freeze for a year. During that time, the U.S. and other opponents can try to rally more support to kill it completely. (more)
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