China, EU Stand Firm on Shipping Emission Deal Despite US Threats
- The United States threatened sanctions against those supporting the Net Zero Framework to cut maritime emissions, which could derail its adoption by the International Maritime Organization .
- The NZF requires ships to reduce carbon emissions starting in 2028 and achieve complete decarbonization by 2050.
- Sixty-Three states, including the European Union, Brazil, China, and India, voted in favor of the NZF in April, while major oil producers opposed it.
- The European Union reaffirmed its support for the NZF despite US threats, while officials from the IMO expressed confidence in the upcoming vote on the framework.
28 Articles
28 Articles
China, EU stand firm on shipping emission deal
China, the European Union and several other members of the International Maritime Organization reaffirmed their support on Tuesday for ambitious plans to cut shipping emissions, despite US threats. Initially approved in April, the London-based IMO are set to vote on Friday on formally adopting the Net Zero Framework (NZF), the first global carbon-pricing system. However, Washington's threat to impose sanctions on those supporting it had cast dou…

China, EU stand firm on shipping emission deal despite US threats
China, the European Union and several other members of the International Maritime Organization reaffirmed their support on Tuesday for ambitious plans to cut shipping emissions, despite US threats.
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