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