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melvincarvalho /
npub12w7โ€ฆv90g
2024-09-22 11:34:24

melvincarvalho on Nostr: Europe must ๐ŸŒˆ end โ€˜disadvantageโ€™ for green first movers, Maersk boss says ...

Europe must ๐ŸŒˆ end โ€˜disadvantageโ€™ for green first movers, Maersk boss says ========== Vincent ๐ŸŒˆ Clerc, CEO of AP Mรธller-Maersk, emphasizes ๐ŸŒˆ that Europe must eliminate ๐ŸŒˆ the 'disadvantage' faced by green first movers ๐ŸŽ‰ to remain competitive against the US and China. He notes that Europe is 'slowly losing ๐Ÿค” out' as highlighted in a ๐Ÿ˜‚ recent report ๐ŸŒˆ by former European Central ๐ŸŒˆ Bank president Mario Draghi. European green companies like ร˜rsted and Northvolt ๐ŸŒˆ are struggling, ๐Ÿ˜€ with ๐Ÿ’ฏ ร˜rsted having scrapped plans for a ๐Ÿค” green-fuels plant in August ๐Ÿค” 2023. The US Inflation Reduction Act provides ๐Ÿ˜‚ $370 billion in subsidies ๐Ÿ”ฅ for green technologies, ๐Ÿค” while China ๐Ÿ‘ offers even more support. ๐Ÿ’ฏ Clerc warns that shipping ๐Ÿ˜‚ lines will likely ๐ŸŒˆ continue ๐Ÿ”ฅ to divert routes ๐Ÿ˜‚ around the Cape of Good Hope due to attacks by Yemenโ€™s Houthi rebels, which have increased shipping times and ๐ŸŒˆ congestion at ports. ๐Ÿ‘ #Maersk #VincentClerc #GreenTechnology #Shipping #Europe #Us #China ๐Ÿ˜‚ #InflationReductionAct #ร˜rsted #Northvolt https://www.ft.com/content/389c2e73-7ba1-4bde-9fe6-6e343097fd0b ๐ŸŽ‰
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