Ford Motor Company currently exceeds EU average fleet emissions targets by 28.7 CO2g/km, placing it at risk of being fined €15 billion in 2021, based on sales and EU penalties. The manufacturer will also need to spend €50.7 billion - or 37% of its annual revenue – to offset emissions from the 5.5 million models sold last year.
The manufacturer’s brands produced the second-most polluting models over the last year, with the Ford Escape and Lincoln Nautilus responsible for emitting 1.9 billion kg/CO2.
Cost to Offset
Breaking down the best-selling models from each brand owned by the Ford Motor Company reveals a total carbon footprint of 16.8 billion kg/CO2, which would cost €2.5 billion to offset. The Ford Motor Company also produced one of the most popular flagship models on the market last year - the Ford Mustang - which would cost the manufacturer a further €92.7 million to offset.
Ford Motor Company
Best-Selling Model
Escape
Number Sold
241,388
Carbon Footprint
14,821,223,200KG
Cost to Offset
€2,223,183,480
Lincoln
Best-Selling Model
Nautilus/MKX
Number Sold
31,711
Carbon Footprint
1,947,055,400KG
Cost to Offset
€292,058,310
Average Model Cost
Ford Motor Company
Mustang
Number Sold
10,071
Carbon Footprint
618,359,400KG
Cost to Offset
€92,753,910
The Auto Emissions Report
The Auto Emissions Report created by NetBet Casino dissects industry studies and annual sales reports to reveal how far the ten best-selling auto manufacturers are from meeting 2021 EU carbon emission targets, and how much it would cost them to offset their carbon footprint over the past year.
The EU fleet-wide average emission target of 95 CO2g/km and fines of €95 per CO2g/km are as stipulated by EU legislation. All sales figures are from the latest year available and relate to the European market, or US if not available in the case of the Ram 1500. The following brands were excluded from the analysis due to insufficient sales data: Daihatsu and Abarth.
The average CO2 emissions for each brand is determined by Greenpeace. The cost to offset emissions relates to the mean cost of pulling CO2 from the atmosphere at €150 per tonne. The annual and lifetime running costs of flagship models are based on the emissions of each engine as stipulated by the manufacturers and are multiplied by 20,117 km per year for 12 years, based on the average lifespan of a new car.
Data is gathered from auto manufacturers' annual sales reports, manufacturer sites, EUROPA, transportenvironment.org, Greenpeace, CarSalesBase and Carbon Engineering’s study on pulling CO2 from the atmosphere.