IMO Delays Carbon Pricing Decision

International Maritime Organization postponed global carbon price decision for one year.
57 countries supported, 49 opposed the deferral.
Washington and Riyadh opposed, Trump pressure delayed vote.
Approved $100/ton carbon dioxide charge and $380 fines for breaches.
Measure effective in 2028.
Decision harms European Union and Brazil.
International Chamber of Shipping criticized vote.
Net-zero framework needs two-thirds majority.
Meeting next week will discuss details, delay risks cleaner fuels.
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