The Prague Post - US puts plan to cut ship emissions in troubled waters

EUR -
AED 4.172342
AFN 72.710612
ALL 94.168298
AMD 416.905528
ANG 2.034081
AOA 1042.371374
ARS 1678.31029
AUD 1.65118
AWG 2.044985
AZN 1.9286
BAM 1.953543
BBD 2.284331
BDT 139.388972
BGN 1.921014
BHD 0.427626
BIF 3379.668848
BMD 1.136103
BND 1.47142
BOB 7.830678
BRL 5.903261
BSD 1.134218
BTN 106.921597
BWP 15.47679
BYN 3.2276
BYR 22267.609445
BZD 2.280951
CAD 1.613709
CDF 2578.952433
CHF 0.920584
CLF 0.026563
CLP 1045.441695
CNY 7.729871
CNH 7.732513
COP 3916.883862
CRC 516.189873
CUC 1.136103
CUP 30.106717
CVE 110.133891
CZK 24.26945
DJF 201.972005
DKK 7.474919
DOP 66.832794
DZD 151.6401
EGP 56.247867
ERN 17.041538
ETB 178.882691
FJD 2.574516
FKP 0.863381
GBP 0.861603
GEL 2.999799
GGP 0.863381
GHS 12.745827
GIP 0.863381
GMD 82.374992
GNF 9937.954521
GTQ 8.645746
GYD 237.107734
HKD 8.909054
HNL 30.348649
HRK 7.534292
HTG 148.234877
HUF 354.840039
IDR 20421.556456
ILS 3.388909
IMP 0.863381
INR 107.521196
IQD 1485.701749
IRR 1562197.774025
ISK 144.001077
JEP 0.863381
JMD 178.747237
JOD 0.805487
JPY 183.755445
KES 147.17041
KGS 99.352152
KHR 4567.301578
KMF 493.068367
KPW 1022.492668
KRW 1758.908246
KWD 0.351795
KYD 0.945119
KZT 549.658668
LAK 25207.846413
LBP 101564.502763
LKR 382.246361
LRD 206.248102
LSL 18.781437
LTL 3.354616
LVL 0.687217
LYD 7.283548
MAD 10.696976
MDL 20.130894
MGA 4835.32959
MKD 61.665491
MMK 2385.286853
MNT 4071.590517
MOP 9.159416
MRU 45.047662
MUR 54.74872
MVR 17.55286
MWK 1966.720578
MXN 19.935202
MYR 4.662111
MZN 72.600692
NAD 18.781437
NGN 1563.41347
NIO 41.733012
NOK 11.244909
NPR 171.205307
NZD 2.016571
OMR 0.436833
PAB 1.133251
PEN 3.887705
PGK 4.976974
PHP 69.678275
PKR 315.645935
PLN 4.286572
PYG 6930.66674
QAR 4.141125
RON 5.233345
RSD 117.38096
RUB 85.43419
RWF 1666.621562
SAR 4.258129
SBD 9.147844
SCR 15.043431
SDG 681.661005
SEK 11.084614
SGD 1.473553
SHP 0.848215
SLE 28.17688
SLL 23823.506013
SOS 648.136161
SRD 42.399316
STD 23515.028438
STN 24.490031
SVC 9.924004
SYP 125.575795
SZL 18.780677
THB 38.010011
TJS 10.476812
TMT 3.976359
TND 3.337298
TOP 2.735463
TRY 52.964947
TTD 7.702898
TWD 36.180204
TZS 2975.379763
UAH 50.999382
UGX 4193.008418
USD 1.136103
UYU 45.466075
UZS 13613.03396
VES 705.239032
VND 29896.537885
VUV 136.128641
WST 3.155838
XAF 655.690086
XAG 0.020225
XAU 0.000285
XCD 3.070373
XCG 2.043977
XDR 0.815518
XOF 655.736242
XPF 119.331742
YER 271.102488
ZAR 18.803803
ZMK 10226.281982
ZMW 20.472108
ZWL 365.824549
  • CMSC

    -0.0190

    22.046

    -0.09%

  • JRI

    0.0100

    12.58

    +0.08%

  • BTI

    1.0900

    62.48

    +1.74%

  • RBGPF

    0.0000

    61.3

    0%

  • BCE

    0.0000

    23.2

    0%

  • RIO

    1.0800

    95.11

    +1.14%

  • GSK

    0.8000

    51.89

    +1.54%

  • AZN

    2.6600

    185.68

    +1.43%

  • BCC

    2.1000

    79.76

    +2.63%

  • CMSD

    -0.0900

    21.93

    -0.41%

  • NGG

    0.5900

    83.42

    +0.71%

  • RYCEF

    0.7000

    18.7

    +3.74%

  • VOD

    0.0500

    13.86

    +0.36%

  • BP

    -0.1400

    37.72

    -0.37%

  • RELX

    -0.2300

    30.92

    -0.74%

US puts plan to cut ship emissions in troubled waters
US puts plan to cut ship emissions in troubled waters / Photo: Daniel SLIM - AFP/File

US puts plan to cut ship emissions in troubled waters

An international plan to cut emissions from ships hung in the balance on Friday as the United States urged countries to reject it and oil producers pushed for a delay.

Text size:

The London-based International Maritime Organization (IMO), which is the shipping body of the United Nations, voted in April for a global pricing system to help curb greenhouse gases.

But increased divisions have emerged this week at meetings leading up to Friday's follow-up vote.

President Donald Trump on Thursday said the proposed global carbon tax on shipping was a "scam" after the United States withdrew from IMO negotiations in April.

A Russian delegate described current proceedings as "chaos" as he addressed the plenary Friday after talks had lasted until the early hours.

Russia joined major oil producers Saudi Arabia and the United Arab Emirates in voting against the carbon-reduction measure in April, arguing it would harm the economy and food security.

IMO Secretary-General Arsenio Dominguez, representing 176 member states, said Friday that he hoped there would be no repeat of how the week's discussions had gone.

- Trump 'outraged' -

Since returning to power in January, Trump has reversed Washington's course on climate change, denouncing it as a "scam" and encouraging fossil fuel use by deregulation.

"I am outraged that the International Maritime Organization is voting in London this week to pass a global Carbon Tax," Trump wrote on his Truth Social platform Thursday.

"The United States will NOT stand for this Global Green New Scam Tax on Shipping," he added, urging countries to vote against it.

The United States this week advocated changing the voting process to give more weight to abstentions, a proposal that was being considered Friday.

Washington also threatened to impose sanctions, visa restrictions and port levies on those supporting the Net Zero Framework (NZF), the first global carbon-pricing system.

Liberia and Saudi Arabia called for Friday's vote to be postponed.

"We agree with the United States that it's important that these conversations are brought to light," a Saudi representative said.

Ahead of this week's London gathering, a majority 63 IMO members that in April voted for the plan had been expected to maintain their support and to be joined by others to formally approve the NZF.

Argentina, which in April abstained from the vote, has said it will now oppose the deal.

Leading up to Friday's decision -- China, the European Union, Brazil, Britain and several other members of the IMO -- reaffirmed their support.

The NZF requires ships to progressively reduce carbon emissions from 2028, or face financial penalties.

Shipping accounts for nearly three percent of global greenhouse gas emissions, according to the IMO, while the CO2 pricing plan should encourage the sector to use less polluting fuels.

The Philippines, which provides the most seafarers of any country, and Caribbean islands focused on the cruise industry, would be particularly impacted by visa restrictions and sanctions.

In order to be adopted, the framework needs the backing of two-thirds of 108 voting IMO members who belong to a long-standing international convention for the prevention of pollution from ships, known as MARPOL.

The plan would charge ships for emissions exceeding a certain threshold, with proceeds used to reward low-emission vessels and support countries vulnerable to climate change.

Pacific Island states, which abstained in the initial vote over concerns the proposal was not ambitious enough, are now expected to support it.

If the global emissions pricing system was adopted, it would become difficult to evade, even for the United States.

IMO conventions allow signatories to inspect foreign ships during stopovers and even detain non-compliant vessels.

burs-pml/bcp/ajb/lth

G.Kucera--TPP