Norway supports controversial CO2 calculator that may penalize green companies

Norway approves of the controversial carbon calculator that many in shipping have accused of penalizing CO2-efficient shipping companies. In an interview with ShippingWatch, the Norwegian delegation discusses its stance ahead of next week's assembly of the Marine Environment Protection Committee.

Photo: Ntb Scanpix/Reuters/Ritzau Scanpix

In a week's time, the Marine Environment Protection Committee (MEPC) will convene for its 76th session, and the shipping industry is eager to hear its decision on the Carbon Intensity Indicator (CII).

The Norwegian delegation is in favor of both CII and the Efficiency Existing Ship Index (EEXI) and disagrees with many other shipping stakeholders that believe the proposed measurements for CII – also known as the Annual Efficiency Ratio (AER) – will have a negative effect on the environment.

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