Shipping Industry Faces Net Zero Emissions Target, Draft Document Shows
A cargo ship heads into port in Bayonne, New Jersey.
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Shipping’s global regulator is closing in on a new target of net zero emissions by 2050, inching the industry closer to alignment with the Paris Agreement on climate.
The plan — set out in a draft seen by Bloomberg News — is not yet finalized, with talks at the London-based International Maritime Organization continuing into next week. If adopted, the mid-century target, which would be non-binding, could align the industry with the landmark 2015 Paris Agreement.