CII review talks spark outrage at IMO
- Debate on new Carbon Intensity Indicator reduction factors ended in thinly veiled acrimony and dismay from green groups
- Investment in fuel efficiency technologies could suffer without a stronger market signal from IMO
- Agreed CII reduction factors for 2027 to 2030 are ‘little better than business as usual’
Last-minute objections by Saudi Arabia and oil exporters drew condemnation by EU, UK and others