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IMO Finalizes Global CO₂ Pricing and Emission Rules for Maritime Industry

The new measures, including financial penalties and stricter fuel standards, aim to cut emissions and achieve climate neutrality by 2050.

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Ein sehr großes, mit Containern beladenes Containerschiff wirft einen riesigen Schatten
Ein Containerschiff im Hamburger Hafen mit Kränen und Stadtbild im Hintergrund
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Overview

  • The International Maritime Organization (IMO) has agreed on a global CO₂ pricing system, requiring ships to adopt lower-carbon fuels starting in 2028.
  • Excess emissions will incur financial penalties, beginning at $100 per ton of CO₂, with fines increasing for greater violations.
  • A new emissions control zone from Portugal to Greenland will enforce stricter sulfur and nitrogen oxide limits starting in 2027.
  • The system is projected to generate $11–13 billion annually, funding cleaner fuel development and climate adaptation in developing nations.
  • Environmental groups warn the measures may encourage harmful biofuel use, while some nations and organizations call for more ambitious action.