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