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EU s Carbon Market for Shipping Leaves Millions of Tonnes of CO2 Unregulated, Study Shows

By Jonathan Saul and Kate Abnett LONDON/BRUSSELS, Jan 13 (Reuters) – European Commission proposals to bring shipping into the bloc’s carbon market contain exclusions for small commercial and military vessels that would.

EU shipping plan leaves millions of tons of carbon dioxide unregulated, study says

With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's carbon dioxide emissions.

MSC Again Ranks Among EU s Biggest Carbon Emitters -NGO

Share this article Swiss-based MSC Mediterranean Shipping Company has moved up a notch Transport & Environment’s ranking of Europe’s biggest carbon emitters. The Brussels-based non-governmental environmental group reports that MSC emitted 10.9Mt of CO2 on all voyages departing or arriving at European ports last year, ranking it as the bloc’s sixth largest climate polluter alongside coal-fired power plants. While MSC’s 2020 carbon emissions fell by about 3% compared from 2019, MSC still climbed to number six on the list from 7th place 2019 and 8th place in 2018, according to T&E. “For the third year running, the biggest shipping emitter has climbed the top 10 of Europe’s largest polluters,” said Jacob Armstrong, shipping officer at T&E. “It’s emblematic of an industry that doesn’t pay a cent for its pollution. That a ship operator is overtaking coal plants shows that business as usual isn’t working. We need an EU carbon market that makes shipping pay for all i

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