Day: October 24, 2020

Global Shipping’s UN Climate Talks Fail Amid Threats Of A Walkout

The UN agency responsible for setting climate targets for global shipping, was left red faced today, as delegates pushed measures that broke the Paris Agreement on Climate Change.

After a week of talks, delegates at the UN’s International Maritime Organization failed to agree to targets that would meet the Paris Agreement, as they had originally agreed to do in 2018, a deal the shipping industry hailed as ‘historic’ and which 100 countries had voted on.

Even worse, what emerged today was that IMO will not be imposing any meaningful penalties for ships that fail these weaker greenhouse gas standards. So today’s conclusion to the week

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