The International Maritime Organization (IMO) is meeting in London to vote on new rules to cut “greenhouse gases” by imposing a first-ever global tax on shipping emissions.
The meeting of the U.N. agency ends Friday and is expected to finalize a “Net-Zero Framework (NZF)” where commercial ships would pay for emissions over a set limit as defined by the IMO, while vessels that meet tougher standards could trade or bank so-called “surplus units.”
“President Trump has made it clear that the U.S. will not accept any international environmental agreement that unduly or unfairly burdens the U.S. or the interest of the American people,” the…
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