|
Historic Agreement on Shipping Emissions
2025-04-12 04:40:09
Climate Change

Historic Agreement on Shipping Emissions

The International Maritime Organization (IMO) has reached a pivotal agreement to reduce greenhouse gas emissions from shipping. Starting in 2028, ships exceeding set CO2 thresholds will incur penalties beginning at $100 per ton.

This initiative aims to promote cleaner fuels and foster climate neutrality in the shipping sector by 2050. While the European Commission heralds this as a significant milestone, concerns remain about its coverage and effectiveness. Emissions from shipping account for approximately 3% of global greenhouse gases, with European waters contributing substantially.

Despite opposition from some nations, including the U.S., the IMO is committed to cutting net shipping emissions by 20% by 2030, emphasizing a collaborative approach to address climate challenges.

The press radar on this topic:

zeit
11. April 2025 um 16:51

UN Organization: Global CO2 Penalties in Shipping Starting in 2028

The International Maritime Organization (IMO) has agreed on a global standard for the gradual reduction of greenhouse gas emissions in maritime transport. Starting in 2028, a penalty will be imposed on ships that exceed a certain CO2 threshold. The penalty begins at $100 per ton of CO2 and may increase with higher exceedances. The revenues are intended to be used to promote emissions-free fuels. The European Commission describes the agreement as historic and a significant step towards achieving..
Tagesschau - Wissenschaft und Forschung
11. April 2025 um 18:42

Global Shipping IMO Member States Agree on CO2 Tax

The IMO has decided on a minimum tax of $100 per tonne of CO2 for ship emissions in order to make international shipping climate-neutral. In addition, a special zone with stricter rules is to be established in the northeastern Atlantic. Some environmental organizations praise this as historic, but criticize that the tax does not cover all emissions and does not generate enough revenue. However, the USA rejected any initiatives to reduce emissions. Ship emissions account for around 3% of global..
Deutsche Welle
11. April 2025 um 17:00

Shipping nations agree on historic greenhouse gas tax

In a landmark decision, major shipping nations agreed to implement a global tax on greenhouse gas emissions starting in 2027, requiring ships to utilize less CO2-intensive fuels or face penalties. A minimum fee of $100 per ton of emissions above set thresholds will be enforced, with revenue projected at $10 billion annually to fund green shipping technologies and support for developing nations. While the European Union, Brazil, China, India, and Japan supported the agreement, Russia, the UAE,..
Al Jazeera
11. April 2025 um 17:28

UN agrees deal on shipping emissions despite US threats

The United Nations' International Maritime Organization (IMO) has approved a global emissions standard for shipping, imposing fees on vessels exceeding CO2 limits and rewarding those using cleaner fuels. Despite the United States withdrawing from the talks and threatening retaliatory measures, the deal aims to cut net shipping emissions by 20% by 2030 and eliminate them by 2050. The agreement will charge penalties starting in 2028, potentially generating $40 billion in fees, with a portion all..
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Spotlighting today's most mentioned stocks in the media. Uncover the stories making waves in the stock market:

A closer look at the individuals who are leading today's news narratives. Find out what makes them the center of attention.

Exploring the five locations receiving the most media attention in the last 24 hours. Discover what puts these places in the global spotlight

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!

News

All News
Politics
Technology
Economy
Business
Climate

About

About Us
Team + Mission

Legal

Cookie Settings
Disclaimer
Legal Notice
Data Privacy

Contact

Contact