Transport & Environment (T&E) has ranked the Mediterranean Shipping Company (MSC) 7th in a list of EU top 10 carbon emitters, putting it ahead of Ryanair and two power stations in Germany and Poland. However, MSC has hit back, stating that the T&E analysis does not take into account a number of MSC’s operational aspects and fails to provide a fair analysis.
T&E’s research indicates that if shipping were required to buy EU pollution permits, European shipping would still be paying seven times less for its emissions than trucks do (through fuel taxes). The EU Green Deal commits to include ships in the EU carbon market, while MEPs want the money raised to be invested in greener maritime technology including hydrogen.
However, according to MSC, T&E’s recent analysis fails to take a number of operational aspects of MSC’s services fully into account, and thus does not offer a complete assessment of the shipping company’s role and impact in terms of emissions. The shipping company also slated T&E’s analysis for not supporting a constructive dialogue around decarbonising shipping.
A statement released by MSC read:
‘To provide a comprehensive and accurate conclusion, CO2 emissions should be compared on an equal basis. An analysis focusing on shipping emissions in the EU should only take into account emissions which actually occurred in the geographical area of the EU, if it is going to be compared to other sources limited to the same area. This is particularly relevant for a global company such as MSC, which operates in all the world’s major shipping lanes. A complete analysis would show that only 40-45 per cent of the emissions reported by MSC in the MRV were actually in the EU. In addition, a correct analysis would also show that MSC has achieved 2.5 per cent YOY reduction in absolute emissions under the MRV scheme in a single year.’
T&E, which analysed the data, said next Monday’s European Parliament vote on including shipping in the EU carbon market would be a chance to finally regulate the sector’s climate impact.
Faïg Abbasov, shipping manager at T&E, said: “Power and other sectors are cutting their emissions year in year out in response to EU regulations, but shipping pollution is left untouched. We can’t be at the mercy of global trade trends to tame maritime pollution. MEPs should vote for a system that finally makes ships pay for their emissions and re-invests the money in cleaner boats.”