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