US-led pressure on shipping deal an attack on EU sovereignty, says T&E

The US, UAE, Saudi Arabia and other oil producing countries are pressuring the EU to abandon its green shipping measures in an effort to force Europe to accept a much weaker global deal. Caving into US demands would reverse years of progress and hand control of Europe’s decarbonisation and energy transition to foreign oil interests, says T&E.

The Net Zero Framework (NZF), currently being negotiated at the International Maritime Organization (IMO), is under attack from a US-led effort to block a global agreement that would put a modest price on shipping emissions. The US-led climate denialist grouping is now pushing for the EU to drop its own carbon pricing for shipping (ETS) and green fuels mandates as part of its FuelEU Maritime law.
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