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IMO Delays Global Carbon Pricing Amid Controversy

10/18/2025

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Story summary
  • The International Maritime Organization (IMO) postponed a decision on a global carbon pricing mechanism.
  • The United States, backed by Russia and Saudi Arabia, pressed for the delay as 57 nations voted for and 49 against.
  • This move follows an April agreement to curb emissions by fees on high-emission fuels.
  • The IMO will reconvene in a year to reconsider the proposal.
  • Critics from small developing nations expressed frustration at the delay.
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