Fatal flaws in IMO carbon deal risk creating a cost burden rather than a climate catalyst

Momentous day as shipping becomes first industry with a global carbon price, but the result is complex rules that may lack sufficient impact to drive change

Liberia’s Harry Conway chaired the IMO’s MEPC 83 in April.
Liberia’s Harry Conway chaired the IMO’s MEPC 83 in April.Photo: IMO
Published 15 April 2025, 13:56Updated 15 April 2025, 16:43
IMOClimate changeArsenio DominguezAoife O'LearyPaddy Rodgers