Vogon Today

Selected News from the Galaxy

Economic Scenarios

The rules on the EU Green Deal? Pollution from maritime transport will increase. Word of MSC

EU plans to cut carbon emissions threaten to increase the CO2 produced by the shipping industry, the head of the world's second largest container carrier warned. Soren Toft, managing director of the Mediterranean Shipping Company, told the Financial Times that the EU measures, which are still under consideration, to limit CO2 emissions from transport ships, would have the opposite effect of their intentions. if low-carbon fuels were not readily available. Too bad that the latter still do not exist or are not available.

This is because operators would be forced to slow down their ships to meet the demand for emission reductions, creating the need for new ships to maintain service levels. If I have to transport 1000000 of containers in a year and now I use 10 ships, if I halve emissions and speed to transport the same containers I will need 20 ships, in a year, with vertical increases in costs and emissions. It seems that they did not notice this in Brussels.

"It is very clear to us that what they are proposing in the absence of carbon neutral fuels will add more capacity, more containers, all to be financed, built in Asia, which will produce more emissions for their production," he said. Shipping accounts for 2.4% of global carbon emissions.

MSC speaks with knowledge of the facts also because it is the company that currently has the largest number of orders for new container ships, with a number that will soon make it the first company in the world for maritime transport of this type.

Other smaller shipping companies have decided to bow to the EU, but the application of the EU guidelines risks being a big boomerang both in terms of costs and CO2 emissions. Often, in Brussels, accounts are made without the host.


Telegram
Thanks to our Telegram channel you can stay updated on the publication of new articles of Economic Scenarios.

⇒ Register now


Minds

The article The rules on the EU Green Deal? Pollution from shipping will increase. Word of MSC comes from ScenariEconomici.it .


This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/le-norme-sul-green-deal-ue-aumenteranno-linquinamento-da-trasporto-marittimo-parola-di-msc/ on Tue, 22 Jun 2021 10:41:39 +0000.