US Rejects IMO Call for Emissions Penalties on Shipping
The United States rejected a proposal by a U.N. agency to impose emissions penalties on the international shipping industry, with President Donald Trump calling it “a global Carbon Tax” in a post on Truth Social, and he called on countries to vote against it.Passed in April, the International Maritime Organization’s (IMO) Net-Zero Framework aims to achieve net-zero emissions by 2050 by penalizing ships that don’t meet fuel standards.