WARNING: The secret UN carbon tax that’s about to fleece America – UN pushing ‘an ocean carbon tax that would spike the price of many consumer goods’

Here’s what the administration and Congress can do to stop this in its tracks.1

• The UN’s International Maritime Organization (IMO) is supposed to ensure safe shipping around the world.

  Instead, it’s pushing a carbon tax on shipping fuel, with proposals ranging from $19 to $150/ton of CO2—the equivalent of adding $1.29 to the price of gasoline!2

  

• A $150/ton carbon tax on shipping would double fuel costs for large ships.

  The marine fuel oil used to power most large ships costs ~$400/ton. Since burning one ton of marine fuel oil produces ~3.2 tons of CO2, a $150/ton carbon tax adds ~$480/ton—roughly doubling today’s price.3

• Higher fuel costs from an ocean carbon tax would in turn spike the price of essential goods like food, fuel, and clothing worldwide. Since these goods are largely shipped by sea, 2x higher marine fuel costs mean higher shipping expenses that are passed directly to consumers.
• Since the US is the world’s largest importer of goods, with $3.2 trillion in imports including $760 billion for consumer goods per year, an ocean carbon tax would disproportionately raise prices for US consumers and businesses.

  An ocean carbon tax is a tax on America most of all.4

  

• The idea of a maritime carbon tax originates in the “2023 GHG IMO Strategy,” a Biden-backed document that commits UN members to a goal of net-zero international shipping emissions by 2050.

  The Trump administration must not allow this Biden climate policy to quietly take effect.5