The US and Saudi Arabia just derailed a global plan to cut shipping emissions
The article discusses how the US and Saudi Arabia have derailed a landmark global deal to cut shipping emissions. The deal, which had been approved by representatives from over 100 countries, would have made shipping the world's first industry to adopt internationally mandated emissions guidelines. However, the US government pressured countries to vote against the measure, threatening tariffs and other sanctions. Saudi Arabia also tabled a motion to adjourn the talks for a year, which passed by a narrow margin, effectively destroying the plan. The shipping industry was in favor of the agreement, as it would have provided consistent global standards. The failure of the deal is a significant setback in the fight against climate change, as shipping currently accounts for around 3% of global carbon emissions, a figure that is expected to rise in the coming years.
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