The Federal Maritime Commission has joined the U.S. delegation at the International Maritime Organization to oppose the proposed Net-Zero Framework. The FMC warns that the global shipping carbon pricing regime would act as an unnecessary tax on U.S. vessels and shippers, potentially leading to inflationary costs for consumers. While industry groups advocate for a unified global emissions framework to avoid a patchwork of regional rules, the U.S. government remains concerned about anticompetitive effects. The FMC has signaled it may use its authority regarding unfavorable shipping conditions to push back against the proposed greenhouse gas intensity requirements.
