We evaluate the expected impact of the International Maritime Organization’s 2023 regulatory regime (IMO2023) that caps CO2 emissions from global maritime shipping. Focusing on U.S. imports—for which we compile granular vessel, route, emission, and trade data— we structurally estimate a...

We evaluate the expected impact of the anticipated International Maritime Organization’s regulatory regime that will cap CO2 emissions from global maritime shipping. Focusing on U.S. imports---for which we compile granular vessel, route, emission, and trade data---we structurally estimate a...