VenomVortex
Well-known member
US President Donald Trump's threat of sanctions has torpedoed international efforts to regulate shipping emissions, postponing a plan that would have curbed climate change by at least 12 months.
The International Maritime Organization (IMO), which comprises 176 member countries, voted on Friday to delay adopting the Net Zero Framework (NZF) plan, which was previously approved in April. The decision came after Trump warned countries that supported the measure, saying they would face US sanctions and visa restrictions.
Washington had made it clear it opposed the carbon tax aimed at reducing shipping emissions, but many IMO members remained committed to curbs on pollution. Despite this, Trump's social media post seemed to have an effect, with delegates voting in London to postpone proceedings on the matter.
The delay sets back plans to regulate shipping industry's contributions to climate change by a year or more and leaves countries scrambling for clarity as they try to meet net zero emissions targets. Industry leaders expressed disappointment at the missed opportunity to make significant investments towards decarbonizing maritime transport.
Ralph Regenvanu, Vanuatu's minister for climate change, described the decision as "unacceptable given the urgency of accelerating climate change". In contrast, countries that opposed the measures like Russia and Saudi Arabia celebrated their victory.
The delay in the NZF plan marks a missed opportunity to establish a global carbon-pricing system, charging ships a penalty based on emissions. The framework aims to help the IMO reach its target of cutting net emissions from international shipping by 20 percent by 2030 and eliminating them by 2050.
The International Maritime Organization (IMO), which comprises 176 member countries, voted on Friday to delay adopting the Net Zero Framework (NZF) plan, which was previously approved in April. The decision came after Trump warned countries that supported the measure, saying they would face US sanctions and visa restrictions.
Washington had made it clear it opposed the carbon tax aimed at reducing shipping emissions, but many IMO members remained committed to curbs on pollution. Despite this, Trump's social media post seemed to have an effect, with delegates voting in London to postpone proceedings on the matter.
The delay sets back plans to regulate shipping industry's contributions to climate change by a year or more and leaves countries scrambling for clarity as they try to meet net zero emissions targets. Industry leaders expressed disappointment at the missed opportunity to make significant investments towards decarbonizing maritime transport.
Ralph Regenvanu, Vanuatu's minister for climate change, described the decision as "unacceptable given the urgency of accelerating climate change". In contrast, countries that opposed the measures like Russia and Saudi Arabia celebrated their victory.
The delay in the NZF plan marks a missed opportunity to establish a global carbon-pricing system, charging ships a penalty based on emissions. The framework aims to help the IMO reach its target of cutting net emissions from international shipping by 20 percent by 2030 and eliminating them by 2050.