The United States on Aug 12 said it would retaliate against member states of the International Maritime Organization (IMO) that back a net-zero framework proposal encompassing a carbon emission pricing scheme in the international shipping sector.
This comes as member states of the U.N. specialized agency regulating maritime transport are scheduled to vote in October on the adoption of the proposed framework aimed at reducing greenhouse gas emissions from the global shipping industry to net zero by 2050.
IMO currently has a total of 176 member states, including the United States, which did not take part in the negotiations.
The proposed net-zero framework will require ships to comply with a global fuel standard aimed at gradually reducing the annual greenhouse gas intensity of marine fuels, and its measures will become mandatory for large ocean-going ships of more than 5,000 gross tonnage….