US Threats Kill Global Shipping Emissions Deal
Negotiations for a landmark deal to reduce global shipping emissions collapsed due to pressure from the United States and Saudi Arabia. The deal, which would have made shipping the first industry to adopt international emission reduction targets, was abandoned after the US threatened tariffs and Saudi Arabia tabled a motion to adjourn talks for a year. The move, viewed by many as a setback for climate action, faced strong opposition from nations supporting the original agreement and the shipping industry, which sought clear global standards. Key countries that initially supported the deal, including China, shifted their positions due to the influence of the US and other dissenting nations.