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Yara CEO says green tech investors looking at U.S., not Europe


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Yara CEO says green tech investors looking at U.S., not Europe

Business

Category: Business News

LONDON, Jan 17 (Reuters) – Europe is not providing sufficient incentives for companies such as fertiliser producer Yara (YAR.OL) to transition to green technologies in stark contrast to the United States, the chief executive of the Norwegian company said.

“From a business perspective it would make much more sense to expand in the U.S. and that is what is happening now across the board,” Svein Tore Holsether said in an interview.

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Source: Reuters