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The International Maritime Pollution Accountability Act of 2024 requires the EPA to assess fees on shipping vessels based on their lifecycle carbon dioxide-equivalent emissions from fuel consumption. Beginning January 1, 2025, vessel operators must report detailed voyage information (fuel type and quantity, cargo mass, ports, time in U.S. waters, and polar region travel), and the EPA will charge fees at $150 per metric ton of CO2-equivalent emissions, adjusted annually for inflation plus 5 percentage points, with triple fees for voyages in polar regions. Revenue from these fees is directed to a new Maritime Pollution Reduction Fund to support emissions reduction projects and port air quality improvements.
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