U.S. Rejects International 'Net-Zero Framework' for Shipping
The United States, led by key secretaries, has officially rejected the 'Net-Zero Framework' proposal by the International Maritime Organization, which seeks to cut global greenhouse gas emissions from the shipping sector, citing concerns over increased costs for American citizens and businesses.
In a significant policy move, the United States has pushed back against the International Maritime Organization's proposed 'Net-Zero Framework.' This initiative aims to reduce greenhouse gas emissions in the global shipping industry. However, the U.S. government, through a joint statement by several key secretaries, declared its firm rejection of the plan.
Secretary of State Marco Rubio, Commerce Secretary Howard Lutnick, Energy Secretary Chris Wright, and Transportation Secretary Sean Duffy collectively voiced their opposition. They argued that the framework could potentially escalate costs for American energy providers, shipping businesses, tourists, and citizens, which the Trump Administration finds unacceptable.
The IMO members are slated to deliberate on the framework's adoption in October. The U.S. stance underscores a critical divergence in international environmental policy-making, especially concerning the shipping sector's environmental responsibilities.
(With inputs from agencies.)
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