EU and the four(!) E:s

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Tapani's picture
Tapani
Status: Bronze Member (Offline)
Joined: May 3 2009
Posts: 69
EU and the four(!) E:s

The European parlament has written a report to its president on the biggest challenges EU faces in the next decade. It is a rare moment to feel that the bureucrats in Brussels "get it", especially in such important matters!

http://www.ep-president.eu/view/en/Europe_2009_2019.html

The four crucial challenges listed are:

1.  Economy:

 The economic and financial crisis is far from over, hitting an ever increasing range of institutions (banks, insurance companies, pension funds). Even if the acute symptoms of the crisis disappear on a 10-year horizon, its consequences will perceptibly mark the coming decades.

The present economic system depends on the concept of enhancing/maximising GDP growth. Growth is, however, largely based on increasing material resource and energy consumption. While maintaining growth as a driving force for enhancing productivity and innovation and sustaining economic activity, economic governance will have to pay much more attention to the quality and not only to the quantity of growth, decoupling it from material resource and energy consumption.

We have only seen the tip of the iceberg and there is a wealth of potential toxicity in other products such as credit cards, and the state of bank lending books. Unfortunately, the globalism of the financial services makes this a recipe for disaster.

 2. Employment:

A ten-year period is exactly the time frame that the European Commission (EC) estimates is available for reacting to the ageing population. With progressively low fertility and mortality rates, increased life expectancy and the baby-boomers generation beginning to retire, the ratio of dependent people over 65 to working-age persons will rise sharply to 1:2 in the next twenty years and will put pension systems under extreme pressure.

 3. Environment:

The deterioration of the environment, biodiversity loss and the depletion of natural resources, and, more dramatically, climate change, its underlying causes and potential consequences have a de facto global dimension and call for global solutions.

4. Energy:

Limit and manage the growing energy dependence on fossil fuels through diversified routes and energy sources; challenges include: preparing for and managing the consequences of high oil prices; adopting a common approach to Russia's influence on the gas market; reinforcing relations with the South Mediterranean (solar, gas); stimulating investments in new (renewables) and upgraded energy infrastructure (Europe-wide smart supergrid);

The report also contains interesting projections on the world 2020, about the rise of China and India, increased legislative cooperation with the US. (For NWO-theorists, there are probably hordes of quotes to mine, about "new global order" etc. Tongue out)

//Tapani

 

 

cmartenson's picture
cmartenson
Status: Diamond Member (Offline)
Joined: Jun 7 2007
Posts: 5727
Re: EU and the four(!) E:s

Wow.  Great find!

This is a real shocker:

The present economic system depends on the concept of enhancing/maximising GDP growth. Growth is, however, largely based on increasing material resource and energy consumption. While maintaining growth as a driving force for enhancing productivity and innovation and sustaining economic activity, economic governance will have to pay much more attention to the quality and not only to the quantity of growth, decoupling it from material resource and energy consumption.

Absolutely correct, but a shocker to see in print.  Perhaps the game is changing?  Reading this gives me hope.  I am sorry to say that my impression is that the US and Canada are probably a decade or more from ever issuing such a statement.  The myth is that the US is a hotbed of innovation.  The reality is that this is only true when it comes to technology and financial fraud, not so much when it comes to social and cultural innovation.

I am going to go read that report now....

 

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