US EditionClimate Protection Package for Shipping Failed for the Time Being
22 Articles
22 Articles
A campaign by the US against the new rules has been successful. How shipping is to achieve its climate protection goals remains unclear.
Although the member states of the International Maritime Organization (IMO) were ready to sign a historic climate agreement for international shipping, Donald Trump blocked it at the last minute. The US president exerted pressure, delaying the vote on a carbon tax by a year.
International shipping continues to fuel climate change with significant amounts of greenhouse gases. At a conference in London, stricter rules should actually be enforced. However, the vote is postponed due to the resistance from the US.
A campaign by the US against the new rules has been successful. How shipping is to achieve its climate protection goals remains unclear.
More than a hundred maritime nations were poised to sign a historic climate agreement for international shipping in London today. At the last minute, the International Maritime Organization (IMO) decided to postpone the vote on the agreement by a year. While there had previously been a large majority in favor of the agreement, a majority today appeared uncertain. Trump threatens punitive measures. Major shipping nations such as Greece, Malta, an…
IMO agreement falls through. The shipping industry wanted rules, but Trump and the Saudis say "No." - Economic Scenarios
It was supposed to be the first industrial sector globally to adopt binding emissions regulations, but instead it ended in nothing. The industry, including the shipping industry, paradoxically, even wanted the rules. But in London, the International Maritime Organization (IMO) meeting was scuttled by an unusual alliance between Saudi Arabia and Donald Trump's United States. The result? Marine fuels (i.e., oil) remain in place, much to the chagri…
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