Choose your fighter: New IMO plans set up carbon pricing showdown
- Brazil proposes a tweaked NZF with easier start and carrots for LNG, but harder target in 2040
- Liberia’s tax-free proposal goes to next round with minor change to secure LNG share
- Pacific Islands plan for $300 per tonne levy expected to bolster NZF support
Three policy proposals are emerging as contenders for the next round of IMO talks. They point to a showdown between the Net-Zero Framework, a slightly different NZF by Brazil, and the fossil fuels-only option from Liberia that has the support of Greek tanker bosses