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Net Zero Shipping Climate Change

Jones Day

UK's Climate Change Committee Publishes Seventh Carbon Budget

Jones Day on

The UK's Climate Change Act 2008 requires the UK government to set five-year carbon budgets that cap total greenhouse gas ("GHG") emissions. The UK is currently operating within its Fourth Carbon Budget, which covers the...more

Vinson & Elkins LLP

International Maritime Organization Approves Carbon Credit Scheme for Shipping

Vinson & Elkins LLP on

On April 11, 2025, the Marine Environment Protection Committee (“MEPC”) of the International Maritime Organization (“IMO”) announced the approval of a long-awaited framework to reduce greenhouse gas (“GHG”) emissions from the...more

A&O Shearman

Decarbonising transportation requires collaboration and regulatory reform

A&O Shearman on

Getting to Net Zero shipping and aviation is a complex challenge. However industry collaboration, innovation, new regulations and pressure from customers are helping to accelerate progress....more

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