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  - WN.COM - Africa - 14/Aug 10:14

Shipping navigates net-zero waters without US support

The US decision to go public on its offensive against the International Maritime Organization’s proposed net-zero framework has created considerable debate within the shipping community. Various ministers within the Donald Trump administration issued a joint statement this week branding the plan a “global carbon tax on Americans” and threatening retaliation ahead of an October vote that could shape shipping’s decarbonisation pathway for decades. Senior members of Donald Trump’s cabinet slammed the carbon pricing mechanism and fuel standards as unfairly penalising US industries while favouring China. “Even small vessels would incur millions of dollars in fees, directly driving...

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