US Threats Derail IMO Decarbonization Plan
The International Maritime Organization or IMO, postponed its net-zero framework after intense US opposition and threats of retaliation
The International Maritime Organization or IMO, postponed its net-zero framework after intense US opposition and threats of retaliation
The proposed global carbon tax require ships to switch to lower-emission fuels or pay pollution fees starting 2028, potentially generating $40 billion by 2030