JOURNAL ARTICLE

Top Shipping Nation Greece Shies Away From Maritime Carbon Tax.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Nikas, Sotiris 3 of 3

Abstract

The article discusses Greece's decision to abstain from a vote on a proposed global maritime carbon tax by the International Maritime Organization (IMO), which aims to address the shipping sector's significant greenhouse gas emissions. Despite previously supporting a draft plan for the tax, Greece's government has expressed skepticism about the net zero framework's impact on the shipping industry, particularly regarding the availability of necessary fuels and technologies. This abstention contrasts with the European Union's push for the levy, which faces strong opposition from the United States, potentially complicating its adoption. Greece, as the world's second-largest ship-owning nation, is navigating the balance between environmental commitments and the interests of its shipping sector. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/10, pN.PAG
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2025
  • Accession Number:188717794
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