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