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2024-09-22 10:32:52

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

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