Net Zero tax on container ships will push up prices and betray British consumers, Sir Keir Starmer is warned

MSC Loreto docked at Felixstowe port, with Maersk Horsburgh passing in the background.
Maersk Horsburgh passes the world’s largest cargo ship MSC Loreto as she is docked at the Port of Felixstowe in Suffolk. The ship, which shares the title of world’s largest with her sister vessel the MSC Irina, measures 400 metres in length and can hold more than 24,346 containers. Picture date: Wednesday May 1, 2024. PA Photo. See PA story SEA Container. Photo credit should read: Joe Giddens/PA WireCredit: PA

A NET Zero tax on container ships will push up prices and betray British consumers, Sir Keir Starmer has been warned. 

The Prime Minister is defying Donald Trump by backing a United Nations levy on vessels. 

Claire Coutinho, Shadow Secretary of State for Energy Security and Net Zero, speaking at the Conservative Party Conference.
Shadow Energy Secretary Claire Coutinho has warned Labour’s green shipping tax will hike costs for UK consumers and hand China a competitive edgeCredit: Alamy

Shadow Energy Secretary Claire Coutinho said it will “sink the shipping industry under a tide of global regulation”. 

“The scheme will mean higher costs for British goods, higher prices for British consumers, and a competitive edge handed straight to China,” she told The Telegraph. 

“Keir Starmer has no backbone, and once again Labour is letting international bureaucrats write the rules while our ship owners and exporters foot the bill.”

Britain, the EU, Brazil and China are for the shipping emissions tax, while the US and the Gulf states are against it. 

BILLS HOPE

Rachel Reeves eyeing energy bills cut in bid to ‘bear down’ on cost of living


RED ON RED

‘From the river’ chant IS antisemitic and Sadiq was wrong to defend it, PM says

America is threatening sanctions against any countries that sign up to it – warning it will raise prices for consumers by 10 per cent. 

Marco Rubio, the US Secretary of State, said the impact could be “disastrous” for shipping costs. 

If the vote passes on Friday it will be the first time worldwide tariffs will be levied on ships that emit too much carbon dioxide. 

The Department for Transport said the UK “strongly” supports the net zero agreement which will reduce greenhouse gas emissions and unlock economic opportunities. 

Read more on this story from The Sun Says.

MSC Loreto docked at Felixstowe port, with Maersk Horsburgh passing in the background.
A net zero tax on container ships will push up prices and betray British consumers, Sir Keir Starmer has been warnedCredit: PA

Source link

Related Posts

Load More Posts Loading...No More Posts.