UN Regulator Approves Rules to Make Ships Pay For Emissions (1)

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 abandoningthe talks that forged the rules.

The rules still need to pass the potentially significant hurdle of adoption at the IMO, which ...