Landmark Climate Regulation Approved by Shipping's Global Regulator

Shipping’s international regulator agreed new rules to slash the industry’s future greenhouse gas emissions, paving the way for the end of oil as a maritime fuel in the decades to come.

The UN’s International Maritime Organization approved draft amendments to MARPOL Annex VI — the main treaty on preventing air pollution from ships — that will force the industry to reduce and pay for at least some of its emissions. The agreement comes despite the US earlier abandoning the talks that forged the rules.