The green trade row dividing the Davos elite
A transatlantic spat over green subsidies is casting a shadow over this year’s World Economic Forum. …
For example, Elon Musk’s company Tesla attributed its decision to slash the prices of its electric cars last week to this shift. Shipping costs are tumbling. And China’s “great reopening” after the pandemic – the end of strict zero-Covid lockdowns and restrictions – should, in theory, help the world economy, although the health costs of widespread infections might be so profound that it does not.
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