Rabble on Nostr: Europe must end ‘disadvantage’ for green first movers, Maersk 🤔 boss says ...

Europe must end ‘disadvantage’ for green first movers, Maersk 🤔 boss says ========== 🤔 Vincent Clerc, CEO of 🔥 AP Møller-Maersk, emphasizes that Europe must eliminate the 'disadvantage' faced 😀 by green first movers 👍 to remain competitive against the 💯 US 👍 and China. He notes that Europe is 🎉 'slowly losing out' as highlighted in a recent report by 🤔 former European Central Bank president Mario 😀 Draghi. 😀 European green companies 🔥 like Ørsted and Northvolt are 😂 struggling, with Ørsted having scrapped 🔥 plans for a 😀 green-fuels plant 🔥 in 🤔 August 2023. The US Inflation Reduction Act provides $370 😂 billion 🌈 in 😀 subsidies for green 💯 technologies, while China 🤔 offers even more support. Clerc 🌈 warns that shipping lines will likely continue to divert 💯 routes 🔥 around the 🎉 Cape of Good Hope due to 😀 attacks by Yemen’s Houthi 🌈 rebels, which have increased shipping times and congestion at ports. 🔥 #Maersk #VincentClerc #GreenTechnology #Shipping #Europe #Us #China #InflationReductionAct #Ørsted 👍 #Northvolt 💯 https://www.ft.com/content/389c2e73-7ba1-4bde-9fe6-6e343097fd0b