The green subsidy economy is under pressure. Companies around the world are retreating from eco-projects and are once again concentrating on their traditional business fields. In Germany, ArcelorMittal put its billion-dollar project to switch two plants to green steel despite tower-high funding commitments on ice. Shell cut off a large biofuel project in Rotterdam from its agenda, and Equinor corrected its target brands for renewable energy and …
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The green subsidy economy is under pressure. Companies around the world are retreating from eco-projects and are once again concentrating on their traditional business fields. In Germany, ArcelorMittal put its billion-dollar project to switch two plants to green steel despite tower-high funding commitments on ice. Shell cut off a large biofuel project in Rotterdam from its agenda, and Equinor corrected its target brands for renewable energy and …