Running ships entirely on green hydrogen-based fuels would add less than €0.10 ($0.10.5) to the price of a pair of trainers and up to €8 for a refrigerator, a new study on the cost of decarbonising European shipping shows. The analysis of shipments from Shenzhen in China to Europe was carried out by NGO Transport & Environment (T&E).
Faig Abbasov, shipping director at T&E, said: “Green shipping would add less than 10 cents to a pair of Nikes. This is a tiny price to pay for cleaning up one of the dirtiest industries on earth. In a year where shipping companies are making bigger profits than Facebook, Google, Amazon, and Netflix combined, it is right to question whether shipping companies are doing enough.”
