US exits carbon talks on shipping, urges others to follow

US exits carbon talks on shipping, urges others to follow

There were plans for the world’s first carbon levy for shipping on greenhouse gas (GHG) emissions [LONDON] The United States has withdrawn from talks in London looking at advancing decarbonisation in the shipping sector and Washington will consider “reciprocal measures” to offset any fees charged to US ships, a diplomatic note said. Delegates are at…

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CK Hutchison shares erase all gains since Panama ports deal

CK Hutchison shares erase all gains since Panama ports deal

The spat over the ports comes at a delicate time, as China grapples with escalating trade tensions with the US [HONG KONG] CK Hutchison Holdings shares extended declines on Wednesday (Apr 9), erasing all their advances since the company agreed to sell its Panama Canal port assets to a BlackRock-led consortium last month. The Hong…

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