WASHINGTON : The United States will join an international effort to achieve net zero emissions by 2050 in the global shipping industry, climate envoy John Kerry announced ahead of a summit of world leaders President Joe Biden will host this week. The United States will join Saudi Arabia as the only two countries to formally pledge to work toward the International Maritime Organization's (IMO) greenhouse gas strategy. Kerry told the conference that the United States will help deploy the technologies needed to rapidly reduce the sector's emissions. "The technologies that we need to decarbonize shipping are known to us so they need investment and they need to be scaled up," he said. The United States is expected to announce its new goal, known as a Nationally Determined Contribution, ahead of the summit.

Source: Mint April 21, 2021 16:18 UTC