The United Nations body specializing in regulating global shipping voted on Oct. 17 to delay a vote on the adoption of a proposed framework that will impose a global carbon tax on international shipping—a regulation the United States has strongly opposed.
Member states of the U.N.-backed International Maritime Organization (IMO) were set to approve the proposal on Oct. 17 when Saudi Arabia, which has voiced opposition to the plan, tabled a motion to defer the vote by one year. The motion was passed with 57 votes in favor and 49 against.
The proposed net-zero framework would have required ships to comply with a global fuel standard for large oceangoing vessels of more than 5,000 gross tonnage, as part of an effort to reduce greenhouse gas emissions from the global shipping industry to net zero by 2050….