FMC Chairman DiBella Addresses Concerns Over IMO Net Zero Framework
Federal Maritime Commission (FMC) Chairman Laura DiBella has expressed concerns over the International Maritime Organization's (IMO) proposed Net Zero Framework (NZF) during the 84th session of the IMO Environmental Protection Committee. The NZF, supported by the European Union, aims to impose a global carbon tax on shipping, which could significantly impact American consumers. DiBella highlighted the economic harm the NZF could cause and advocated for alternative solutions that would prevent such impacts. The U.S. delegation engaged with over 20 other delegations to seek consensus on viable alternatives that would ensure industry stability.