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Greece and Saudi Arabia to team up against IMO carbon price

  • Greece calls itself ‘a voice of reason in Europe when it comes to energy’
  • Greece and Cyprus broke with Brussels last year in voting to delay the Net-Zero Framework, supported by their shipowners
  • Split will weaken EU’s ability to negotiate as one bloc in favour of the carbon price

The Greek and Saudi governments have agreed to team up against the IMO’s carbon price on shipping, with Greece in talks about importing electricity from Saudi Arabia and gas from the US

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