The International Maritime Organization is meeting to address the urgent need for reducing greenhouse gas emissions from shipping, which currently accounts for 3% of global emissions. However, political disagreements and economic pressures, particularly from the U.S., are hindering progress on adopting a net-zero framework that would impose fees on excess carbon emissions. This matters as it affects developers working on sustainable maritime technologies and could lead to fragmented regulations if consensus is not reached.
Read the full article at Grist
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