Trump is trying to kill a carbon tax on global shipping. He may not succeed.
The U.S. has threatened countries supporting the tax with visa restrictions, tariffs, and port fees. A slim majority of nations still back it.
Ira Joseph is a Senior Research Associate at the Center on Global Energy Policy at Columbia University. Until 2022, he was the global head of global generating fuels and electric power pricing at S&P Global Platts, with over 30 years of experience in the sector. Prior to his pricing role, he was global head of Gas and Power Analytics at Platts. Ira joined S&P Global Platts during the acquisition of PIRA Energy Group in 2016, where he started the firm’s European Gas and Power and Global LNG services in 1999. Before PIRA, he worked at Energy Intelligence Group, where he was the editor in chief of World Gas Intelligence and authored versions of the International Crude Oil Handbook and the original Global Gas Handbook.
Crude oil sales, at record highs, are making the country a net exporter for the first time since World War II
On February 28, the US and Israel launched new attacks on Iran targeting primarily the country's leadership, security forces, and missile program.
Europe is entering the 2026 gas injection season with its lowest level of gas in storage since 2018.
With Qatar's liquefied natural gas still offline, U.S. companies see an opening and are bringing in new investments.
As oil prices spike, governments are slashing fuel use and eyeing renewables — threatening to erode global demand for fossil energy.