{"id":8533,"date":"2025-04-11T15:16:05","date_gmt":"2025-04-11T19:16:05","guid":{"rendered":"https:\/\/miaminewsnetwork.com\/?p=8533"},"modified":"2025-04-11T15:16:05","modified_gmt":"2025-04-11T19:16:05","slug":"un-shipping-body-approves-global-carbon-pricing-system","status":"publish","type":"post","link":"https:\/\/miaminewsnetwork.com\/?p=8533","title":{"rendered":"UN shipping body approves global carbon pricing system"},"content":{"rendered":"\n<p>Member states of the International Maritime Organization have voted in favour of a global pricing system to help curb maritime carbon emissions, the UN shipping body announced Friday.<\/p>\n\n\n\n<p>From 2028, all ships will be required to use a less carbon-intensive fuel mix or face financial penalties, the IMO said.<\/p>\n\n\n\n<p>The carbon pricing measure must now be formally adopted at an IMO assembly in October.<\/p>\n\n\n\n<p>A majority of members \u2014 63 states \u2014 voted for the carbon pricing system, including the European Union, Brazil, China, India and Japan.<\/p>\n\n\n\n<p>Sixteen states voted against the measure, including major oil producers Saudi Arabia, Russia and the United Arab Emirates.<\/p>\n\n\n\n<p>Pacific Island states abstained from the vote, deeming the proposals insufficient to meet decarbonisation goals.<\/p>\n\n\n\n<p>The United States did not participate in the vote, with a wave of environmental rollbacks by President Donald Trump, including carbon limits on power plants, tailpipe emissions standards and protections for waterways.<\/p>\n\n\n\n<p>The agreement follows a week of negotiations in London to decide which mechanism to adopt to reach carbon neutrality in shipping by 2050.<\/p>\n\n\n\n<p>Those who do not meet the guidelines will have to pay annually for every tonne of greenhouse gas emissions that exceeds the targets set.<\/p>\n\n\n\n<p>The IMO said the funds raised will be used to \u201creward\u201d zero or near-zero greenhouse gas emissions technologies and to financially support developing countries to transition to lower-emissions shipping.<\/p>\n\n\n\n<p>\u2013 \u2018Groundbreaking moment\u2019 \u2013<\/p>\n\n\n\n<p>Island nations in the Pacific and Caribbean, particularly vulnerable to the effects of climate change, supported a more ambitious universal carbon levy on maritime transport.<\/p>\n\n\n\n<p>\u201cWe cannot support an outcome that does not live up to the agreed strategy,\u201d the Solomon Islands\u2019 minister of infrastructure development, Manasseh Maelanga, said after the nation abstained.<\/p>\n\n\n\n<p>A French source told AFP that \u201cthe ambition is not what we had hoped for in terms of trajectory but it is greater than what already exists within the European framework\u201d.<\/p>\n\n\n\n<p>Shipping accounts for nearly three percent of global greenhouse gas emissions, according to the IMO.<\/p>\n\n\n\n<p>\u201cThis is a groundbreaking moment for the shipping industry, which should signal a turning of the tide on greenhouse gases from global shipping,\u201d Mark Lutes, senior advisor at the World Wildlife Fund for Nature, said in a statement.<\/p>\n\n\n\n<p>\u201cHowever, key aspects of this agreement fall short of what is needed and risk blowing the transition off course,\u201d he added.<\/p>\n\n\n\n<p>The International Chamber of Shipping, representing shipowners and operators, welcomed the fact \u201cthat governments have understood the need to catalyse and support investment in zero emission fuels\u201d.<\/p>\n\n\n\n<p>However it expressed concern \u201cthat this may not yet go far enough in providing the necessary certainty\u201d.<\/p>\n\n\n\n<p>\u201cIt is a framework which we can build upon,\u201d it added.<\/p>\n\n\n\n<p>Constance Dijkstra, a policy manager at the Transport &amp;amp; Environment lobby group said a switch to biofuels was not the answer, describing the mass production of such energy as \u201cvery worrying for deforestation\u201d, even if Brazil disagrees.<\/p>\n\n\n\n<p>IMO member countries have agreed also to create a \u201ccontrol area\u201d in the northeast Atlantic, which limits the use of the most polluting marine fuels around the coasts of Western Europe, Iceland and Greenland.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Member states of the International Maritime Organization have voted in favour of a global pricing system to help curb maritime carbon emissions, the UN shipping body announced Friday. From 2028, all ships will be required to use a less carbon-intensive fuel mix or face financial penalties, the IMO said. The carbon pricing measure must now [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8534,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[222],"tags":[2162,3640,3639,3225],"class_list":["post-8533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-body","tag-global-carbon","tag-shipping","tag-un"],"_links":{"self":[{"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/posts\/8533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8533"}],"version-history":[{"count":1,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/posts\/8533\/revisions"}],"predecessor-version":[{"id":8535,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/posts\/8533\/revisions\/8535"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/media\/8534"}],"wp:attachment":[{"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}