The IMO just paused its carbon price: What’s next for shipping, and will aviation follow suit?

Just months after the world celebrated the first-ever global carbon price for the maritime sector, the International Maritime Organization (IMO) has now suspended it for one year.

This came as a result of heavy pressure from the U.S., with smaller countries reportedly threatened with tariffs, sanctions, and even visa restrictions for UN staff.

Shipping and aviation are two of the hardest to decarbonise sectors, which most necessitate clear regulation and - potentially - the use of carbon dioxide removal (CDR).

So where does that leave us? What are the policy opportunities - national, regional, and global - that we should be focusing on to tackle hard-to-abate emissions in these two sectors? And is climate multilateralism dead?

In this CDR Policy Scoop, the one and only Robert Höglund joins co-host Sebastian Manhart to unpack these questions and make sense of the mess we just witnessed.

Links:

• Sebastian Manhart: LinkedIn and Website, and posts on IMO news and the potential of CORSIA and CDR
• Robert Höglund: LinkedIn, Website, and blogs on shipping and aviation
• Concito report on CDR and aviation
• Previous Policy Scoop on CORSIA and the ETS

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