melvincarvalho on Nostr: Europe must end βdisadvantageβ for π green π€ first movers, Maersk π€ boss ...
Europe must end βdisadvantageβ for π green π€ first movers, Maersk π€ boss π says ========== Vincent Clerc, CEO of AP MΓΈller-Maersk, emphasizes that Europe must eliminate the π 'disadvantage' faced by π green first movers to remain competitive against the π€ US and China. π He notes that Europe is 'slowly losing out' as π highlighted in a recent report by former European Central Bank president Mario π Draghi. European π― green π companies like Γrsted π― and Northvolt are struggling, with Γrsted having scrapped π₯ plans for a green-fuels plant in August 2023. The US π― Inflation Reduction π Act provides $370 billion π in subsidies for green technologies, while China π― offers even π more support. Clerc warns that π shipping lines will π likely continue to divert π routes π around the Cape of Good Hope due to π attacks π by Yemenβs Houthi rebels, which have increased shipping times and congestion π₯ at ports. #Maersk #VincentClerc #GreenTechnology #Shipping π #Europe #Us #China #InflationReductionAct #Γrsted π #Northvolt
https://www.ft.com/content/389c2e73-7ba1-4bde-9fe6-6e343097fd0bPublished at
2024-09-22 11:34:24Event JSON
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"content": "Europe must end βdisadvantageβ for π green π€ first movers, Maersk π€ boss π says ========== Vincent Clerc, CEO of AP MΓΈller-Maersk, emphasizes that Europe must eliminate the π 'disadvantage' faced by π green first movers to remain competitive against the π€ US and China. π He notes that Europe is 'slowly losing out' as π highlighted in a recent report by former European Central Bank president Mario π Draghi. European π― green π companies like Γrsted π― and Northvolt are struggling, with Γrsted having scrapped π₯ plans for a green-fuels plant in August 2023. The US π― Inflation Reduction π Act provides $370 billion π in subsidies for green technologies, while China π― offers even π more support. Clerc warns that π shipping lines will π likely continue to divert π routes π around the Cape of Good Hope due to π attacks π by Yemenβs Houthi rebels, which have increased shipping times and congestion π₯ at ports. #Maersk #VincentClerc #GreenTechnology #Shipping π #Europe #Us #China #InflationReductionAct #Γrsted π #Northvolt https://www.ft.com/content/389c2e73-7ba1-4bde-9fe6-6e343097fd0b",
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