The IMO is finding it tough to set greenhouse gas emissions that everyone can agree on. The International Maritime Organization's (IMO’s) member states recently agreed to move up their goal of reaching net-zero greenhouse gas (GHG) emissions by or around 2050. The new goals, issued July 7, will also see the agency establish "indicative checkpoints" that aim to reduce GHG emissions by 20% to 30% by 2030 and 70% to 80% by 2040. Prior to the announcement, the IMO's original reduction strategy, set in 2018, aimed to only cut GHG emissions in half by 2050. But the IMO wrangling suggests global shipping emissions rules will remain fragmented,” The Wall Street Journal added.

Source: Wall Street Journal July 08, 2023 02:44 UTC