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U.S. Push for Carbon-Neutral Ships Expected to Reveal Industry Divisions | Hellenic Shipping News Worldwide


U.S. Push for Carbon-Neutral Ships Expected to Reveal Industry Divisions
A new U.S. push to cut ship emissions will kick into high gear a multibillion-dollar quest for nonfossil fuels to power oceangoing vessels, but likely will face a backlash from Asian and South American nations that fear rising export costs.
The U.S. has stayed on the sidelines of a multiyear effort by the International Maritime Organization, the United Nations’ global maritime regulator, to slash CO2 emissions from ships by half in 2050 compared with 2008 levels. But in April, U.S. Special Presidential Envoy for Climate John Kerry signaled a change of stance, saying the IMO should push for the tougher target of zero emissions in that time frame. ....

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