The increased consumption of fuel from ships attempting to avoid Houth attacks has led to approximately 13.6 million additional tons of CO2 emissions over the past four months alone, according to a report by INVERTO, a consultancy under the umbrella of Boston Consulting Group Inc.
“The extra emissions resulting from this crisis will increase companies’ carbon footprints—making it very hard to hit their net zero targets,” said Sushank Agarwal, a managing director at the company.
“To meet these targets, companies will either need to reduce emissions elsewhere in their supply chains or invest in more carbon offset initiatives—both can be very costly.”
This quantity is equivalent to the pollution produced by approximately 9 million cars during the same timeframe, said INVERTO.
Hundred of vessels have been moving away from Egypt’s Suez Canal, since mid-December and sailing around South Africa’s Cape of Good Hope—to avoid crossing through the red sea and potentially being attacked by the Houthis.