Transportation

The United States has withdrawn from talks in London looking at advancing decarbonisation in the shipping sector and Washington will consider "reciprocal measures" to offset any fees charged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 U.S. ships, according to a diplomatic note seen by Reuters. Delegates are at the U.N. shipping agency's headquarters this week for negotiations over decarbonisation measures aimed at enabling the global shipping industry to reach net zero by "around 2050"."

"Nations are trying to reach an agreement to charge commercial vessels a fee for their emissions in what would effectively be the world’s first global carbon tax."

"President Donald Trump’s tariff blitz has sent shock waves throughout every aspect of the global economy, including the auto sector, where multi-billion-dollar plans to electrify in the United States are especially at risk."

"Rivers rose and flooding worsened Sunday across the U.S. South and Midwest, threatening communities already waterlogged and badly damaged by days of heavy rain and wind that killed at least 18 people."

"Arctic sea ice has recorded its smallest winter peak extent since satellite records began 47 years ago, new data reveals."

"The planned 25 percent tariff on imported automobiles is a gut punch for most electric vehicle makers, whose supply chains are rooted in China." "At the same time as tariffs wound the overall EV market, they could provide a window of opportunity for automakers that already produce EVs and batteries domestically and could beat competitors on price. The most likely winner is Tesla, analysts said, though other automakers could also benefit."

"The pipeline company led by President Donald Trump’s biggest energy donor is trying to upend the way the federal government enforces pipeline safety law."

"Hundreds of bicycle advocates were at an annual summit this month in Washington, D.C., when their cellphones lit up over breakfast with an urgent email warning that President Donald Trump’s transportation department had just halted federal grant funding for bike lanes."

"Transportation Secretary Sean Duffy announced the administration was giving New York City a 30-day extension for its congestion pricing plan and putting New York Gov. Kathy Hochul (D) “on notice.”

"Evacuating the Tahoe basin in summer could take 14 hours, and 99% of properties in South Lake Tahoe are at risk — yet new resorts are being built in high-danger fire areas."