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European UnionGlobal Shipping Faces Emissions Pricing: A Climate Tug-of-War The International Maritime Organization is set to convene this week to determine whether to introduce a carbon emissions fee on global shipping. This proposal, supported by an EU-led coalition including Britain, China, and Japan, faces staunch opposition from the United States.In April, the IMO reached a preliminary agreement to charge the global shipping industry for emissions when t…See the Story
Global Shipping Faces Emissions Pricing: A Climate Tug-of-War
Coverage: 2 sources
Secretary of State · WashingtonThe Trump administration’s weaponisation of trade and shipping reached a new level on Friday, with Washington threatening to sanction nations that vote in favour of the International Maritime Organization’s (IMO) upcoming Net Zero Framework (NZF) — a global plan to cut shipping’s greenhouse gas emissions. In a joint statement, Secretary of State Marco Rubio and …See the Story
