News / Shippers claim proposed carbon tax could be 'world's biggest BAF'

Shippers in the US and Europe have raised concerns about the shift of the carbon pricing debate, claiming that a carbon tax could turn into “the world’s biggest BAF [bunker adjustment factor]”.

The IMO started its discussions on greenhouse gas emissions today, which could include halving emissions ?  from a 50% decrease by 2050, to a 100% reduction in the same timeframe ? a move expected to be backed by major countries.

IMO secretary general Kitack Lim opened MEPC78 by telling delegates: ...