Maersk: 'Consumers can foot shipping's climate change bill'

© Vladimir Serebryanskiy

And Maersk chief executive Soren Skou means that literally, as well as figuratively. In an interview with the BBC, he reiterates a company calculation that its investments into decarbonising shipping would mean a western consumer paying around an extra $0.06 for a pair of “sneakers” from Vietnam. Aggregated across the shipping giant’s millions of shipments, this increase ought to cover the cost of greener fuels – Maersk currently spends around $4bn on fuel a year, and Mr Skou said it would need to double that to go carbon-free.