Page 66 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - SEPT 2025

On the

seafront

that increases costs for our citizens,
This month’s top news US rejects IMO net-zero energy providers, shipping companies
from naftikachronika.gr framework and their customers, or tourists. We will
The United States has officially rejected fight hard to protect the American peo-
the IMO’s proposal for a levy on carbon ple and their economic interests. Our fel-
emissions. low IMO members should be on notice
In a joint statement by Secretary that we will look for their support against
of State Marco Rubio, Secretary this action and not hesitate to retaliate
of Commerce Howard Lutnick, Secretary or explore remedies for our citizens
of Energy Chris Wright, and Secretary should this endeavour fail”, the state-
of Transportation Sean Duffy, it is ment concludes.
stressed that “President Trump has
made it clear that the United States will EU ETS: What shipping will
not accept any international environ- have to pay in the coming
mental agreement that unduly or unfairly period
burdens the United States or harms the The shipping industry will soon be
interests of the American people”. required to pay around $2.9 billion
It should be noted that this October, due to the implementation of the EU ETS,
IMO member states are expected to the EU’s key tool for reducing green-
consider the adoption of the so-called house gas emissions, which follows the
“Net-Zero Framework”, which aims to “Polluter Pays Principle”. At the heart
reduce global greenhouse gas emis- of this lies the EU’s MRV (Monitoring,
sions from the international shipping Reporting and Verification) platform,
sector. “Whatever its stated goals, the the emissions monitoring, reporting, and
proposed framework is essentially a verification system established specifi-
global carbon tax on Americans, levied cally for shipping.
by an unaccountable UN organisation”, According to Drewry data, approxi-
the statement sharply notes, continuing: mately 13,000 vessels have submitted
“These fuel standards would conven- their 2024 emissions data, as required
iently benefit China by requiring the use by the guidelines. The recorded emis-
of expensive fuels that are unavailable sions amounted to 90 million tonnes
at a global scale”. of CO2, which must be covered by sur-
“The Trump Administration unequiv- rendering 40% of the corresponding
ocally rejects this proposal before emission allowances (EUAs) by 30 Sep-
the IMO and will not tolerate any action tember 2025.

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