“They killed [the agreement]. The lack of leadership from the EU makes my blood boil,” said a person familiar with the discussions, who was granted anonymity for candid commentary.
The decision received backing from major fossil fuel producers like Saudi Arabia and Russia, who often resist climate measures aimed at reducing oil, gas, and coal usage. Major shipping nations and countries with large flag registries, such as Singapore and Liberia, also objected.
Some countries changed their stances.
China, the world’s largest shipbuilder, switched from supporting the measure in April to voting for its delay on Friday.
The disagreement underscored the divide between nations concerned about the measure’s economic effects and those worried about global warming’s impact.
A Saudi delegate, unnamed due to IMO reporting restrictions, accused carbon price advocates of fostering global division. “We have differences because we are all looking out for our citizens, our futures, and our economies,” he stated.
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