Climate talks eye revenue from shipping
Shaun Tandon
PANAMA CITY — With nations facing gaping shortfalls meeting pledges on climate change, several governments and activist groups are pushing to put a price on shipping emissions to fund aid to poor countries.
Commercial ships virtually always run on fossil fuels and produce nearly three percent of the world’s carbon emissions blamed for climate change — twice as much as Australia — but are unregulated under the Kyoto Protocol.


