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China, EU Bolster Greener Global Shipping to Curb Emissions

July 7, 2017, 1:19 PM

The trillion-dollar global shipping industry may soon be forced to curb greenhouse gas emissions under new rules backed by the European Union and China.

Over 200 representatives convened this week at the International Maritime Organization, the United Nations shipping supervisor based in London, to discuss regulation that could turn their industry, currently responsible for as much as 3 percent of the world’s emissions, into a zero-carbon operation by the second half of the century.

The shift toward clean power was prompted by the Paris climate agreement, as well as the threat of regional rules being considered by the EU and ...