The IMO has adopted a draft amendment to Annex VI of the MARPOL Convention approving a Net-Zero shipping policy framework by or around 2050. Set to take effect in 2028, the “J9 Bridge” style scheme as it is known, sets out a two-tiered carbon pricing mechanism & fuel standard, which if adopted late this year, will make shipping the first industry of any to have a global carbon price agreed with internationally mandated emissions reduction targets.
The IMO’s Net-Zero Framework and the Road Ahead for Global Shipping
/?php
$content = get_the_content();
// Trim the content to a certain number of characters
$trimmed_content = wp_trim_words( $content, 12, '' ); echo $trimmed_content;
?//>
Read more