(Reuters) -The United States on Friday threatened to use visa restrictions and sanctions to retaliate against nations that vote in favor of a plan put forward by a United Nations agency to reduce planet-warming greenhouse gas emissions from ocean shipping.
U.N. member nations are scheduled to vote next week on the International Maritime Organization’s Net-Zero Framework proposal to reduce global carbon dioxide gas emissions from the international shipping sector, which handles around 80% of world trade and accounts for close to 3% of global greenhouse gases.
Large container carriers, under pressure from investors to fight climate change, generally agree that a global regulatory framework is crucial to speeding up decarbonisation. Still, some of the world’s biggest oil tanker companies sa