Shipping tax could yield $100 bln climate windfall

Reuters ^ | 6-12-23 | Hugo Dixon

[dynachrome]

The shipping industry emits 2.9% of the world's greenhouse gases. It has also largely escaped taxation because what happens on the high seas is not in the jurisdiction of any single government.

These two facts represent an opportunity. If the International Maritime Organisation (IMO) - the United Nations body which regulates shipping - taxed carbon emissions, it would encourage shippers to go green faster. The body could then channel the money raised, perhaps $100 billion a year, to poorer countries to help them cope with climate change.

[dynachrome]

Yeah, that's the ticket!

[Jonty30]

It won’t.
Taxes never raise the revenue its proponents claim it will raise.

[Oldeconomybuyer]

If it moves, tax it.

[Blood of Tyrants]

To be divvied up among the world’s tin pot dictators, NGOs, and various politicians.

[FlingWingFlyer]

Communist wealth distribution to their freeloading government worshippers.

[Governor Dinwiddie]

These clowns might have been on a rowboat in Central Park once, but they have no concept of how big the world is, and how huge the oceans are, and how even the largest ship is but a meaningless speck amidst the enormity of oceanic emptiness.

Ships are not a problem in any way, shape, or form. They couldn't be, even if they tried.

[rlmorel]

STATISTS EVERYWHERE: “Free money! WOO HOO!”

[blackdog]

It’s paid by the public. Jeeze.

[Flint]

I’m looking forward to seeing all those electric powered cargo vessels.

[SecondAmendment]

> I’m looking forward to seeing all those electric powered cargo vessels.

Well our supercarrier fleet is "zero emissions" with an electric drive train.

[metmom]

Weird how the solution for every problem this world faces is to tax people.

[Signalman]

And the cost of the goods that the ships transport will, of course, increase.

[No.6]

Clarifying: the solution globalists present to every problem is to permit a global authority to levy taxes. Whether it’s the WHO or UN or maritime whatever is irrelevant.

That’s the big egg; once that happens there is then a world government because that’s the practical definition of a government — something that is empowered to legally take by others under threat of force.

(Thus, the next step is to empower an enforcing group of some sort, and the one after that is to use it).

[Eagles6]

Next...the Nina, Pinta and Santa Maria.

[from occupied ga]

Not weird at all when you consider that government only cares about money and power. All the rest is just window dressing and sops to the fools who believe in the latest trend in mass hysteria

[Trumpette1954]

If it breaths, tax it!!

[Boomer]

I’m sure that will make the products they ship go down in price. At least that’s what the rats will say then cry “victim” when the prices go up.

[dayglored]

> If it moves, tax it.

Part of one of my most favorite of Reagan quotes:

"If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."

God, I miss Ronald Reagan. Like all mortals, a human being with both features and flaws. But he made us SO proud to have him as our President.

[davidb56]

China and India probably emit 80% of the greenhouse gasses, but no one “goes after” them......

[Toddsterpatriot]

The body could then channel the money raised, perhaps $100 billion a year, to poorer countries to help them cope with climate change.

By building them coal plants to raise their standard of living.