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Regulation: Net-Zero Framework faces long odds

  • Global carbon regulation is unlikely as long as Trump is in power
  • Europe will face continued pressure over the ETS and FuelEU, but won’t scrap them until the IMO result is known
  • NZF may be approved if watered down, or remain in limbo

The IMO’s global carbon regulation is unlikely to be approved, at least as written. But 2026 will see countries start to tackle its underlying challenges in earnest

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