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Decarbonisation Sustainability Regulation

Biofuels could change US minds on IMO deal

  • Progressives hope the US biofuels industry could tempt it towards a deal
  • Talks on a Net-Zero Fund remain thorniest issue, with US opposing any economic element
  • All options still on the table with final legal text unlikely this week, sources say

  • Analysis

The US remains implacably against a carbon tax for global shipping. But some sources think a global fuel standard that helps biofuels — and by extension American farmers — could tempt Washington to reconsider its fire-and-fury approach

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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