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Trump torpedoes international deal to reduce shipping emissions

Trump torpedoes international deal to reduce shipping emissions

Summary

Members of the International Maritime Organization (IMO) postponed a plan to reduce shipping emissions after President Donald Trump threatened sanctions. The delay will set back regulation efforts by at least a year, despite previous support for the plan. The United States opposed the plan, arguing against what it called a global carbon tax.

Key Facts

  • The IMO is a United Nations body responsible for regulating international shipping safety and pollution.
  • President Trump threatened sanctions against countries supporting the emissions plan.
  • A vote to delay the adoption of the Net Zero Framework passed by 57 votes to 49.
  • The framework planned to introduce a carbon-pricing system for ships' emissions.
  • Trump expressed opposition, calling the measure a "Global Green New Scam Tax."
  • The decision delays potential regulation of shipping emissions by at least 12 months.
  • Key countries like China, the EU, and Brazil supported the plan, while others like Russia and Saudi Arabia opposed it.
  • The International Chamber of Shipping and UN leaders expressed disappointment over the delay.
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