The 81st meeting of the Maritime Environment Protection Committee (MEPC) wrapped up at the International Maritime Organization (IMO) last week with a greenhouse gas (GHG) levy now likely to be introduced by 2027.
According to a read-out from UMAS, London-based watchers of green shipping regulation, there was positive momentum built at the meeting, with an increased number and diversity of countries supporting a GHG levy.
“The MEPC has agreed on a framework for the mid-term measures including a fuel standard and an economic measure, as well as set up the necessary expert groups, laying the foundation for an agreement that will deliver on the target of net-zero by 2050,” read a statement from the World Shipping Council, liner shipping’s lobby group.
“We will have a pricing mechanism,” said the IMO’s secretary-general, Arsenio Dominguez (pictured), in a meeting with journalists at the organisation’s London headquarters. “Of that, I have no doubt.”
Specifics of how the levy will work will be up for further discussion at MEPC 82, which meets in September.
Among other key outcomes from last week’s meeting there was approval of SOx and NOx emission control areas in the Norwegian Sea and the Canadian Arctic, both expected to come into force in 2026.
Why does saving the environment involve such delays? Something to do with lots of fossil fuel money and Swiss bank accounts?
So who is going to profit from the money-grabbing Scam? This will be more corrupt than the Carbon-Credit shakedown.
You mean the money grabbing scam where fossil fuel interests are subsidised $trillion annually by taxpayers?
That money grabbing scam ?
‘the Carbon-Credit shakedown.’ Spoken like a true MAGAt AGW denier.